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COUSINS PROPERTIES INC Director's Dealing 2009

Sep 16, 2009

31058_dirs_2009-09-16_daff2fe7-3bf8-4856-8724-0417cf4227c3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2009-09-16

Reporting Person: Yenser Steven V (EVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-09-16 Common Stock A 77 $7.73 Acquired 4057 Direct
2009-09-16 Common Stock A 13 $7.73 Acquired 712.7508 Indirect

Footnotes

F1: Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan.

F2: Shares of common stock acquired as a result of the elective stock dividend paid on September 16, 2009. Shareholders elected, pursuant to the terms of the Prospectus Supplement filed August 12, 2009 ("Supplement"), to receive the dividend in all or partial stock. If all stock was elected, shareholders received their entire dividend in stock. If partial stock was elected, shareholders received approximately $0.099 of the $0.15 dividend in stock. The value of the shares distributed is $7.73 per share which were valued at the average closing price on September 1, 2 and 8, 2009 pursuant to the terms of the Supplement.