Form: 4

Statement of changes in beneficial ownership of securities

May 5, 2023

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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X
 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*
HAYES JOHN A
(Last) (First) (Middle)
9200 W. 108TH CIRCLE
(Street)
WESTMINSTER CO 80021
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BALL Corp [ BALL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2023
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
Rule 10b5-1(c) Transaction Indication

  
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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)
Code V Amount (A) or (D) Price
Common Stock 481,160.1301 D(1)
Common Stock 9,638.027 I(1) 401(k) Plan(2)
Common Stock 176,313 I(1) By Spouse(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Compensation Company Stock Plan (4) (5) (5) Common Stock 614,937.9836 614,937.9836 D(1)
Restricted Stock Units (6) (6) (6) Common Stock 89,986 89,986 D(1)
Stock Appreciation Rights (sars) $24.535 01/29/2015 01/29/2024 Common Stock 356,000 356,000 D(1)
Stock Appreciation Rights (sars) $33.075 02/04/2016 02/04/2025 Common Stock 309,860 309,860 D(1)
Stock Appreciation Rights (sars) $33.05 01/27/2017 01/27/2026 Common Stock 248,682 248,682 D(1)
Stock Appreciation Rights (sars) $38.375 01/25/2018 01/25/2027 Common Stock 281,030 281,030 D(1)
Stock Option (Right to Buy) $38.84 01/24/2019 01/24/2028 Common Stock 308,710 308,710 D(1)
Stock Option (Right to Buy) $50.78 01/23/2020 01/23/2029 Common Stock 239,274 239,274 D(1)
Stock Option (Right to Buy) $72.59 01/29/2021 01/29/2030 Common Stock 197,917 197,917 D(1)
Stock Option (Right to Buy) $85.33 01/27/2022 01/27/2031 Common Stock 164,646 164,646 D(1)
Stock Option (Right to Buy) $86.57 01/26/2023 01/26/2032 Common Stock 150,577 150,577 D(1)
Stock Option (Right to Buy) $56.64 01/25/2024 01/25/2033 Common Stock 47,198 47,198 D(1)
Explanation of Responses:
1. The securities included herein represent only those securities that are required to be disclosed pursuant to Section 16(a) of the Securities Exchange Act of 1934 in connection with the specific transaction(s) reported herein. The reporting person is the beneficial owner of additional shares and/or derivative securities of the issuer that are not disclosed on this Form 4. For additional information regarding the reporting person's ownership of issuer securities, refer to Forms 4 previously filed by the reporting person.
2. Total number of 401(k) Plan shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.
3. The reporting person expressly disclaims beneficial ownership of these securities.
4. 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.
5. Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.
6. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.
/s/ Charles E. Baker, attorney-in-fact for Mr. Hayes 05/05/2023
** 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).

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.