X0202 4 2007-06-15 0 0000009389 BALL CORP BLL 0001397952 Pauley Lisa Ann BALL CORPORATION 10 LONGS PEAK DR. BROOMFIELD CO 80021-2510 0 1 0 0 VP Administration & Compliance Common Stock 2007-06-15 4 J 0 3 54.7 A 11568 D Common Stock 2007-06-15 4 J 0 32 54.7 A 59935 I by Spouse Common Stock 173 I 401(k) plan Deferred Compensation Company Stock Plan 2007-06-15 4 J 0 11 0 A Stock Units 11 7374 D Deferred Compensation Company Stock Plan 2007-06-15 4 J 0 52 0 A Stock Units 52 28373 I Spouse DCCSP Restricted Stock Units 2007-06-15 4 A 0 2000 0 A Restricted Stock Units 2000 6500 D Dividend reinvestment in Ball Corporation Deferred Compensation Company Stock Plan. The reporting person expressly disclaims beneficial ownership of the securities owned by Spouse. 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. Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are exercisable upon the separation of service in accordance with the Plan. Restricted Stock Units awarded under the Deposit Share Program under the 2005 Stock and Cash Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock. 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 31, June 30, September 30 or December 31, 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. 401(k) Plan shares include shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions. By: Robert W. McClelland, AssocGenCounsel For: Lisa Ann Pauley 2007-06-19