SEC Form 4 · accession 0001140361-16-068126
UNIVERSAL CORP /VA/ · UVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George C Freeman III
Officer — Chairman, President & CEO · Director
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000102037
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | May 27, 2016 | A | 16,005 | $0.00 | A | 229,814 | D | |
| Common StockF2,F3 | May 27, 2016 | F | 7,635 | $55.55 | D | 222,179 | D | |
| Common StockF3 | Jun 1, 2016 | G | 4,720 | $0.00 | D | 217,459 | D | |
| Common Stock | holding | — | — | — | 200 | I | By Oldest Daughter | |
| Common Stock | holding | — | — | — | 200 | I | By Youngest Daughter | |
| Common Stock | holding | — | — | — | 200 | I | As UGMA custodian for son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Previously granted performance shares that vested on May 27, 2016.
- F2Shares of common stock surrendered to the Company to satisfy the withholding taxes relating to previously granted performance shares of Common Stock that vested on May 27, 2016.
- F3Includes 97,113 restricted stock units and 17,495 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.