SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HOOVER R DAVID

(Last)

(First)

(Middle)

BALL CORPORATION

10 LONGS PEAK DR.

(Street)

BROOMFIELD

80021-2510

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BALL CORP [ BLL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			CHAIRMAN OF THE BOARD

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2011

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/01/2011		M⁽¹⁾		10,000	A	$11.8725	420,755.2991	D
Common Stock	07/01/2011		S⁽²⁾		10,000	D	$38.81	410,755.2991	D
Common Stock	07/01/2011		M⁽¹⁾		10,000	A	$11.8725	420,755.2991	D
Common Stock	07/01/2011		S⁽²⁾		10,000	D	$39	410,755.2991	D
Common Stock	07/06/2011		M⁽¹⁾		8,000	A	$11.8725	418,755.2991	D
Common Stock	07/06/2011		S⁽²⁾		8,000	D	$39.309	410,755.2991	D
Common Stock								7,637.628	I	401(k) Plan⁽³⁾
Common Stock								320,152	I	By Trust⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$11.8725	07/01/2011		M⁽¹⁾			10,000	⁽⁵⁾	04/23/2012	Common Stock	10,000	$0	334,000	D
Employee Stock Option (Right to Buy)	$11.8725	07/01/2011		M⁽¹⁾			10,000	⁽⁵⁾	04/23/2012	Common Stock	10,000	$0	324,000	D
Employee Stock Option (Right to Buy)	$11.8725	07/06/2011		M⁽¹⁾			8,000	⁽⁵⁾	04/23/2012	Common Stock	8,000	$0	316,000	D

Explanation of Responses:

1. Exercise of stock options in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on June 17, 2011.

2. Sale of stock in accordance with reporting person's pre-arranged 10b5-1 plan adopted by the reporting person on June 17, 2011.

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

4. The reporting person expressly disclaims beneficial ownership of the securities in the Suzanne A. Hoover Trust.

5. 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.

	/s/ Janice L. Rodriguez, attorney-in-fact for Mr. Hoover	07/06/2011
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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