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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
(Print of Type Responses)
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1. Name and Address of Reporting Person*
Foster, Jr. Charles H.
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(Last) (First) (Middle)
1501 North Hamilton Street
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(Street)
Richmond, VA 23230
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Universal Corporation UVV
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3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
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4. Statement for Month/Day/Year
3/31/03
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|X| Director |_| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
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7. Individual or Joint/Group Filing (Check Applicable line)
|X| Form Filed by One Reporting Person
|_| Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5.
Amount
of
6.
4. Securities
Owner-
Securities
Acquired (A) or
Beneficially
ship
2A. 3. Disposed of (D) Owned Form: 7. 2.
Deemed Transaction (Instr. 3, 4 and 5) Following
Direct Nature of Trans- Execution Code
------------------------------- Reported (D) or
Indirect
1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date any ------------ or (Instr. 3 & (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4)
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Common Stock 1,000 I(1)
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Common Stock 400 D
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Common Stock 2,100 D(2)
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total 3,500
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9.
Number
10.
of
Owner-
deriv-
ship
ative
Form
2. Secur- of
Conver- 5. 7. ities Deriv- 11.
sion Number of Title and Amount Bene- ative Nature
or Derivative 6. of Underlying 8. ficially Secur- of
Exer- 3A. 4. Securities Date Securities Price Owned ity: In-
cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct
Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene-
1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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deferred stock
units 1 for 1 3/31/03 A 31.77966 (3) (3) common stock 31.77966 $37.76 1,267.80418
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Explanation of Responses:
(1) Mr. Foster is the sole trustee of a family trust which holds UC stock.
(2)shares were granted for service as a Director. Transfer of shares is
prohibited and the shares may be forfeited to the Company unless certain
specified conditions are met.
(3)the deferred stock units were acquired under the UC outside directors'
deferred income plan during the month ended 3/31/03. Each deferred stock
unit will be settled in cash based upon a fixed date payout election or
upon death, disability or termination of service, or earlier pursuant
to the terms of the plan.
Charles H. Foster, Jr.
Terri L. Marks, Power of Attorney April 1, 2003
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**Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
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