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BALL Corp — Director's Dealing 2016
Aug 16, 2016
30458_dirs_2016-08-16_4dfe4aaa-2c04-4614-b11c-16c618355b31.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: 2016-08-15
Reporting Person: HAYES JOHN A (Director, CHAIRMAN, PRESIDENT & C.E.O..)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-15 | Restricted Stock Units | $ | A | 12000 | Acquired | Common Stock (12000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.
F2: Restricted Stock Units grant in conjunction with the Deposit Share Program.
F3: 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.