UNIVERSAL CORP /VA/ — Director's Dealing 2010

Apr 26, 2010

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL CORP /VA/ (UVV)
CIK: 0000102037
Period of Report: 2010-03-31

Reporting Person: WHELAN KAREN M L (VP & Treasurer)

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	54523	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
stock appreciation rights	$36.03	2016-06-13	Common stock (8000)	8000	Direct
stock appreciation rights	$62.66	2017-05-24	Common stock (9600)	9600	Direct
stock appreciation rights	$51.32	2018-05-28	Common stock (6400)	6400	Direct
stock appreciation rights	$35.30	2019-05-27	Common stock (13800)	13800	Direct

Footnotes

F1: includes 13,250 restricted stock units and 1,605 dividend units on the restricted stock units. The restricted stock units and the dividend units vest of the fifth anniversary of the award date, however payment will be delayed until termination of service if the individual is a covered employee under code section 162(m) on the date of vesting.

F2: after a 12 month period of the grant date, 1/3 total shares are exercisable and an additional 1/3 for each anniversary date after tht for 3 such periods.