Form: 3

Initial statement of beneficial ownership of securities

May 4, 2010

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


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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1. Name and Address of Reporting Person*
Knobel Jeff A
(Last) (First) (Middle)
10 LONGS PEAK DRIVE
(Street)
BROOMFIELD CO 80005
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/28/2010 		3. Issuer Name and Ticker or Trading Symbol
BALL CORP [ BLL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Treasurer
 5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 65.3577 I 401K(1)
Common Stock 610.8203 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Compensation Company Stock Plan (2) (2) Common Stock 234.6228 (3) D
Restricted Stock Units (4) (4) Common Stock 2,300 (4) D
Stock Appreciation Rights (sars) (5) 01/28/2019 Common Stock 1,750 40.08 D
Stock Appreciation Rights (sars) (5) 01/27/2020 Common Stock 1,200 50.45 D
Stock Option (iso) (Right to Buy) (6) 01/28/2019 Common Stock 1,750 40.08 D
Stock Option (iso) (Right to Buy) (6) 01/27/2020 Common Stock 1,100 50.45 D
Employee Stock Option (Right to Buy) (6) 04/22/2013 Common Stock 3,000 28.155 D
Employee Stock Option (Right to Buy) (6) 04/28/2014 Common Stock 5,250 34.11 D
Employee Stock Option (Right to Buy) (6) 04/27/2015 Common Stock 2,500 39.74 D
Employee Stock Option (Right to Buy) (6) 04/26/2016 Common Stock 3,000 43.69 D
Employee Stock Option (Right to Buy) (6) 04/25/2017 Common Stock 2,400 49.32 D
Employee Stock Option (Right to Buy) (6) 04/23/2018 Common Stock 2,400 50.11 D
Explanation of Responses:
1. Total number of 401(k) Plan shares includes shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.
2. Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.
3. 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.
4. Restricted Stock Units awarded under the Stock and Cash Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.
5. A stock appreciation right ("SAR") entitles its holder, upon exercise of the right, to receive from the issuer, in cash or common stock, an amount equal to the "spread" on the right (i.e. the amount by which the market price of the underlying stock exceeds the exercise price). SARs are exercisable beginning one year after the grant in 25% increments and thereafter annually upon the anniversary of the date of the grant of the SAR.
6. Shares exercisable beginning one year after grant in 25% increments and thereafter annually upon the anniversary of the date of grant of the stock option.
/s/ Robert W. McClelland, Attorney-In-Fact for Mr. Knobel 05/04/2010
** 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 5 (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.

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