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BALL Corp Director's Dealing 2014

Jan 31, 2014

30458_dirs_2014-01-31_00037192-0577-4190-ae5f-795004b38082.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2014-01-29

Reporting Person: BAKER CHARLES E (VP,GEN COUNSEL & CORP SEC)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-01-29 Stock Appreciation Rights (sars) $49.07 A 22400 Acquired 2024-01-29 Common Stock (22400) Direct
2014-01-29 Restricted Stock Units $ A 4950 Acquired Common Stock (4950) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.

F2: The restricted stock units will cliff lapse after four years from the restricted stock unit grant date. The lapsing restrictions may be accelerated by meeting the reporting person's stock ownership guidelines. If the stock ownership guidelines are met, then 30% of the restriction will lapse in the second year, 30% in the third year and 40% in the fourth year on either March 15, June 15, September 15 or December 15, the quarter immediately following the anniversary of the restricted stock unit grant date. Vested shares will be delivered to the reporting person in accordance with the aforementioned terms, or, if the shares are deferred, in accordance with the reporting person's deferral elections or the terms of the Plan.