BALL Corp — Director's Dealing 2012

Feb 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2012-01-31

Reporting Person: SEABROOK RAYMOND J (EXEC. V.P. & C.O.O. GLOBAL PKG)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-31	Common Stock	J	9000	$39.26	Acquired	373515.7746	Direct
2012-01-31	Common Stock	F	2798	$39.26	Disposed	370717.7746	Direct
2012-02-01	Common Stock	S	8000	$39.45	Disposed	362717.7746	Direct
2012-02-01	Common Stock	M	1700	$25.225	Acquired	364417.7746	Direct
2012-02-01	Common Stock	M	8000	$11.8725	Acquired	372417.7746	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-31	Restricted Stock Units	$	J	29000	Disposed		Common Stock (29000)	Direct
2012-01-31	Deferred Compensation Company Stock Plan	$	J	20509.4244	Acquired		Common Stock (20509.4244)	Direct
2012-02-01	Stock Option (iso) (Right to Buy)	$25.225	M	1700	Disposed	2020-01-27	Common Stock (1700)	Direct
2012-02-01	Employee Stock Option (Right to Buy)	$11.8725	M	8000	Disposed	2012-04-23	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13759.857	Indirect
Common Stock	9750	Indirect

Footnotes

F1: Common stock acquired upon the lapse of Table II Restricted Stock Units.

F2: Shares withheld for the payment of the tax obligation on the lapse of restrictions on Table II restricted stock units.

F3: Sale of stock in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on November 1, 2011.

F4: Exercise of stock options (ISO).

F5: Exercise of stock options in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on November 1, 2011.

F6: Total number of 401(k) Plan shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F7: The reporting person expressly disclaims beneficial ownership of these securities.

F8: Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.

F9: Lapse of restricted stock units.

F10: Each unit may be settled for a single share of stock or the equivalent amount of cash pursuant to the Ball Corporation Deferred Compensation Company Stock Plan.

F11: Lapsed restricted stock and lapsed restricted stock units deferred into Ball Corporation's Deferred Compensation Company Stock Plan and may include company match.

F12: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.

F13: Shares exercisable beginning one year after grant in 25% increments and thereafter annually upon the anniversary of the date of the grant of the stock option.