Ownership Submission
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 OF SECURITIES

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
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(Print or Type Responses)
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 (Month/Day/Year)
02/04/2015
(Street)

BROOMFIELD, CO 80021-2510
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/04/2015   J(1)   6,700 A $ 66.15 144,399.2116 I By Spouse (2)
Common Stock 02/04/2015   F(3)   2,254 D $ 66.15 142,145.2116 I By Spouse (2)
Common Stock               2,664.66 I 401(k) Plan (4)
Common Stock               36,520.6865 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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 (5) 02/04/2015   J(6)     5,500   (6)   (6) Common Stock 5,500 $ 66.15 12,850 D  
Restricted Stock Units (5) 02/04/2015   J(7)     6,700   (7)   (7) Common Stock 6,700 $ 66.15 1,450 I By Spouse (2)
Deferred Compensation Company Stock Plan (8) 02/04/2015   J(6)   5,802.3432     (9)   (9) Common Stock 5,802.3432 $ 66.15 55,668.8634 D  
Restricted Stock Units (5) 02/04/2015   A(10)   17,465     (10)   (10) Common Stock 17,465 $ 66.15 30,315 D  
Stock Appreciation Rights (sars) $ 66.15 02/04/2015   A(11)   3,749   02/04/2016 02/04/2025 Common Stock 3,749 $ 0 3,749 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Pauley Lisa Ann
10 LONGS PEAK DRIVE
BROOMFIELD, CO 80021-2510
      SR VP, HR & Administration  

Signatures

 /s/ Robert W. McClelland, attorney-in-fact for Ms. Pauley   02/06/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Common stock acquired upon the lapse of Table II Restricted Stock Units.
(2) The reporting person expressly disclaims beneficial ownership of the securities owned by Spouse.
(3) Shares withheld for the payment of the tax obligation on the lapse of restrictions on Table II restricted stock units.
(4) Total number of 401(k) Plan shares acquired through periodic dividend reinvestment, participant's contributions and employer matching contributions.
(5) Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.
(6) Lapsed restricted stock units deferred into Ball Corporation's Deferred Compensation Company Stock Plan as stock units and may include company match.
(7) Lapse of restricted stock units.
(8) 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.
(9) Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.
(10) Restricted Stock Units awarded under the Ball Corporation Stock and Cash Incentive Plan.
(11) SARs (Stock Appreciation Rights) granted under the Ball Corporation Stock and Cash Incentive Plan. The stock appreciation rights vest in four annual installments beginning one year after date of grant.

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