UNIVERSAL CORP /VA/ — Director's Dealing 2010

Mar 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL CORP /VA/ (UVV)
CIK: 0000102037
Period of Report: 2010-03-23

Reporting Person: Moore David C (Sen. VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-23	Common Stock	M	4000	$36.03	Acquired	43559	Direct
2010-03-23	Common Stock	D	3059	$55.19	Disposed	40500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-23	Stock Appreciation Rights	$36.03	M	4000	Disposed	2016-06-13	Common Stock (4000)	Direct

Footnotes

F1: This amount includes 17,050 restricted stock units and 1,668 dividend units on the restricted stock units. The restricted stock units and the dividend units vest on 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.