SEC Form 4 · accession 0001140361-16-075232
UNIVERSAL CORP /VA/ · UVV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Lawton
Director
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 5:04 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 StockF2 | Aug 4, 2016 | A | 1,250 | $0.00 | A | 1,250 | D | |
| Common Stock | Aug 4, 2016 | A | 864 | $57.83 | A | 864 | I | By The Michael T. Lawton Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of 1,250 restricted stock units for service as a director. The restricted stock units vest on the third anniversary of the award date; payment, however, will be delayed until certain restrictions are met.
- F2The value of each restricted stock unit ($57.14) was based upon Bloomberg LLP daily volume weighted average between June 1, 2016 and July 31, 2016.
- F3Represents Board retainer paid in stock as part of non-employee director compensation.