UNIVERSAL CORP /VA/ — Director's Dealing 2010

Apr 22, 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: STALLARD HUBERT R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-31	Common Stock-Dividend Reinvestment Plan	I	659	—	Acquired	3960	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9650	Direct
Common Stock	600	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options to buy common stock	$35.81	2012-10-23	common stock (2000)	2000	Direct
Options to buy common stock	$43.12	2013-10-28	common stock (2000)	2000	Direct
Options to buy common stock	$46.70	2014-08-05	common stock (2000)	2000	Direct
Deferred stock units 1 for 1	$		Common Stock (14509.7456)	14509.7456	Direct

Footnotes

F1: shares granted for service as a director. Transfer of shares is prohibited and the shares may be forfeited to the Company unless certain conditions are met.

F2: acquired from 4/1/09 through 3/31/10 in the Dividend Reinvestment Plan.

F3: grant to directors of options to buy shares of common stock under the Universal Corporation 2002 Executive Stock Plan.

F4: The deferred stock units are held under the Universal Corporation Outside Directors' Deferred Income Plan. Each deferred stock unit will be settled in cash based upon a fixed date payout election of upon, death, disability or termination of service, or earlier pursuant to the terms of the plan.