BALL Corp — Director's Dealing 2015

Feb 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BALL CORP (BLL)
CIK: 0000009389
Period of Report: 2015-02-04

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-04	Restricted Stock Units	$	J	7300	Disposed		Common Stock (7300)	Direct
2015-02-04	Deferred Compensation Company Stock Plan	$	J	7602.3432	Acquired		Common Stock (7602.3432)	Direct
2015-02-04	Restricted Stock Units	$	A	17606	Acquired		Common Stock (17606)	Direct
2015-02-04	Stock Appreciation Rights (sars)	$66.15	A	3779	Acquired	2025-02-04	Common Stock (3779)	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.

F3: 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.

F4: Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.