X0303 4 2011-05-04 0 0000077159 PENN VIRGINIA CORP PVA 0001507170 Hartman Steven A. FOUR RADNOR CORPORATE CENTER SUITE 200 RADNOR PA 19087 0 1 0 0 Sr. VP, CFO, Treasurer Restricted Stock Units 0 2011-05-04 4 A 0 1471 0 A Common Stock ($0.01 par value) 1471 17503 D Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon vesting. The restricted stock unit grant was approved by a committee of Penn Virginia Corporation's Board of Directors on February 17, 2011, subject to shareholder approval of an amendment (the "Amendment") to Penn Virginia Corporation's Seventh Amended and Restated 1999 Employee Incentive Plan (the "Plan"). Penn Virginia Corporation's shareholders approved the Amendment on May 4, 2011. These restricted stock units were previously reported as part of a larger grant on a Form 4 filed on February 18, 2011. The restricted stock units will vest in three equal installments on February 17, 2012, 2013 and 2014, respectively, subject to the terms of the Plan. Nancy M. Snyder as power of attorney 2011-05-05