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UNIVERSAL CORP /VA/ Director's Dealing 2011

Apr 29, 2011

31992_dirs_2011-04-29_34224594-a375-4de8-97fc-a7ad0d363f7a.zip

Director's Dealing

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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: FREEMAN GEORGE C III (Chairman, President & CEO)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 71324 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Rights $36.03 2016-06-13 common stock (5000) 5000 Direct
Stock Appreciation Rights $62.66 2017-05-24 common stock (31800) 31800 Direct
Stock Appreciation Rights $51.32 2018-05-28 common stock (24200) 24200 Direct
Stock Appreciation Rights $35.30 2019-05-27 common stock (60000) 60000 Direct
Stock Appreciation Rights $39.71 2020-06-08 common stock (38000) 38000 Direct
Options to by Common Stock $47.28 2012-12-05 Common Stock (4144) 4144 Direct
Options to by Common Stock $48.21 2012-12-05 Common Stock (5671) 5671 Direct

Footnotes

F1: the amount includes 45,000 retricted stock units and 5,183 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.

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

F3: options issued under the executive stock plan.