UNIVERSAL CORP /VA/ — Director's Dealing 2011

Nov 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL CORP /VA/ (UVV)
CIK: 0000102037
Period of Report: 2011-11-16

Reporting Person: CORONADO WILLIAM J (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-16	Common Stock	M	2666	$39.71	Acquired	19502	Direct
2011-11-16	Common Stock	D	2429	$45.72	Disposed	17073	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-16	Stock Appreciation Rights	$39.71	M	2666	Disposed	2020-06-08	Common Stock (2666)	Direct

Footnotes

F1: inclues 15,150 restricted stock units and 1,686 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 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 of total shares is exercisable for each anniversary date after that for 3 such period.