Sec Form 4 Filing - Pauley Lisa Ann @ BALL CORP - 2014-03-14

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Pauley Lisa Ann
2. Issuer Name and Ticker or Trading Symbol
BALL CORP [ BLL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SR VP, HR & Administration
(Last) (First) (Middle)
10 LONGS PEAK DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
03/14/2014
(Street)
BROOMFIELD, CO80021-2510
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Common Stock 03/14/2014 J( 1 ) 90 A $ 54.03 36,580.3096 D
Common Stock 03/14/2014 F( 2 ) 90 D $ 54.03 36,490.3096 D
Common Stock 03/17/2014 M( 3 ) 2,800 A $ 17.055 39,290.3096 D
Common Stock 03/17/2014 S 2,800 D $ 54.03 36,490.3096 D
Common Stock 03/17/2014 J( 4 ) 8.495 A $ 54.53 36,498.8046 D
Common Stock 03/17/2014 J( 4 ) 48.4966 A $ 54.53 145,642.7234 I By Spouse ( 5 )
Common Stock 2,496.098 I 401(k) Plan ( 6 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 7 ) 03/14/2014 J( 8 ) 2,700 ( 8 ) ( 8 ) Common Stock 2,700 $ 54.03 18,350 D
Deferred Compensation Company Stock Plan ( 9 ) 03/14/2014 J( 10 ) 2,610 ( 11 ) ( 11 ) Common Stock 2,610 $ 54.03 49,451.214 D
Stock Option (iso) (Right to Buy) $ 17.055 03/17/2014 M( 3 ) 2,800 ( 12 ) 04/29/2014 Common Stock 2,800 $ 0 0 D
Deferred Compensation Company Stock Plan ( 9 ) 03/17/2014 J( 13 ) 111.6699 ( 11 ) ( 11 ) Common Stock 111.6699 $ 54.53 49,562.8839 D
Deferred Compensation Company Stock Plan ( 9 ) 03/17/2014 J( 13 ) 221.0235 ( 11 ) ( 11 ) Common Stock 221.0235 $ 54.53 92,931.7965 I By Spouse ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pauley Lisa Ann
10 LONGS PEAK DRIVE
BROOMFIELD, CO80021-2510
SR VP, HR & Administration
Signatures
/s/ Janice L. Rodriguez, attorney-in-fact for Ms. Pauley 03/18/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Common stock acquired upon the lapse of Table II Restricted Stock Units.
( 2 )Shares withheld for the payment of the tax obligation on the lapse of restrictions on Table II restricted stock units.
( 3 )Exercise of Incentive Stock Options (ISO)
( 4 )Dividend reinvestment in Ball Corporation's 2000 Deferred Compensation Company Stock Plan.
( 5 )The reporting person expressly disclaims beneficial ownership of the securities owned by Spouse.
( 6 )Total number of 401(k) Plan shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.
( 7 )Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.
( 8 )Lapse of restricted stock units.
( 9 )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.
( 10 )Lapsed restricted stock units deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units and may include company match.
( 11 )Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.
( 12 )Shares exercisable beginning one year after grant in 25% increments and thereafter annually upon the anniversary of the date of the grant of the incentive stock option.
( 13 )Dividend reinvestment in Ball Corporation's Deferred Compensation Company Stock Plan.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.