UNIVERSAL CORP /VA/ — Director's Dealing 2011

Apr 29, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: UNIVERSAL CORP /VA/ (UVV)
CIK: 0000102037
Period of Report: 2011-03-31

Reporting Person: Wigner Preston Douglas (VP, GC, Sec., & CCO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14797	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
stock appreciation rights	$62.66	2017-05-24	Common stock (9600)	9600	Direct
stock appreciation rights	$51.32	2018-05-28	Common stock (6200)	6200	Direct
stock appreciation rights	$35.30	2019-05-27	Common stock (13600)	13600	Direct
stock appreciation rights	$39.71	2020-06-08	Common stock (7600)	7600	Direct

Footnotes

F1: includes 11,250 restricted stock units and 1,375 dividend units on the restricted stock. 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 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 periods.