BALL Corp — Director's Dealing 2015

May 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2015-05-13

Reporting Person: Knobel Jeff A (Vice President & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-13	Common Stock	M	875	$20.04	Acquired	23543.9574	Direct
2015-05-13	Common Stock	D	447	$71.51	Disposed	23096.9574	Direct
2015-05-13	Common Stock	M	2400	$25.225	Acquired	25496.9574	Direct
2015-05-13	Common Stock	D	1344	$71.51	Disposed	24152.9574	Direct
2015-05-13	Common Stock	M	2500	$35.835	Acquired	26652.9574	Direct
2015-05-13	Common Stock	D	1652	$71.51	Disposed	25000.9574	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-13	Stock Appreciation Rights (sars)	$20.04	M	875	Disposed	2019-01-28	Common Stock (875)	Direct
2015-05-13	Stock Appreciation Rights (sars)	$25.225	M	2400	Disposed	2020-01-27	Common Stock (2400)	Direct
2015-05-13	Stock Appreciation Rights (sars)	$35.835	M	2500	Disposed	2021-01-26	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1286.464	Indirect

Footnotes

F1: Exercise of Stock Appreciation Rights (SARs).

F2: Shares utilized to pay for the cost of the SARS.

F3: Total number of 401(k) Plan shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.

F4: Stock Appreciation Rights (SARS) vest in four annual installments beginning one year after date of grant.