4//SEC Filing
UNIVERSAL CORP /VA/ 4
Accession 0001140361-14-042456
$UVVCIK 0000102037operating
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:03 PM ET
Size
6.4 KB
Accession
0001140361-14-042456
Insider Transaction Report
Form 4
Brewer W Keith
Exec.VP & COO
Transactions
- Purchase
6.75% Convertible Perpetual Preferred Stock
2014-11-13$1020.00/sh+50$51,000→ 50 totalExercise: $0.00From: 2014-11-13→ Common Stock
Footnotes (3)
- [F1]Each share of 6.75% Convertible Perpetual Preferred Stock ("Preferred Stock") will have a liquidation preference of $1,000 and will be convertible at any time into shares of Universal Corporation's Common Stock at a conversion rate of 22.0691 shares per share of Preferred Stock, subject to specified adjustments.
- [F2]The Reporting Person's purchase of the Preferred Stock reported herein may be matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,103.455 shares of Issuer common stock underlying the 50 shares of Preferred Stock purchased on November 13, 2014, with the Reporting Person's sale of 1,103.455 shares of Issuer common stock on June 16, 2014. For the avoidance of doubt, the Reporting Person has paid to the Issuer, $11,930.00, representing the potential short-swing profit as calculated in accordance with the alternative method set forth in Rule 16b-6(c)(2).
- [F3]The 6.75% Convertible Perpetual Preferred Stock has no expiration date.
Documents
Issuer
UNIVERSAL CORP /VA/
CIK 0000102037
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000102037
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 4:03 PM ET
- Size
- 6.4 KB