UNIVERSAL CORP /VA/ — Director's Dealing 2011

Apr 26, 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: STALLARD HUBERT R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-31	Common Stock-Dividend Reinvestment Plan	I	614	—	Acquired	4574	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
restricted stock and restricted stock units	11388	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

Footnotes

F1: 9,650 restricted stock 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. Also includes 1,700 restricted stock units and 38 dividend equivalent units earned on the restricted stock units. The restricted stock units vest on the third anniversary of the award date, however, payment will be delayed until certain restrictions are met.

F2: acquired from 4/1/10 through 3/31/11 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.