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COUSINS PROPERTIES INC Director's Dealing 2011

Feb 14, 2011

31058_dirs_2011-02-14_7f6ebf84-4571-496f-b9ca-e2aa33c9629a.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2010-12-31

Reporting Person: COUSINS THOMAS G (Chairman Emeritus)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-16 Common Stock G 1890 Disposed 7233534 Direct
2010-12-31 Common Stock G 665000 Disposed 7231644 Direct
2010-12-31 Common Stock G 6650 Acquired 6650 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 434855 Indirect
Common Stock 231090 Indirect
Common Stock 746747 Indirect

Footnotes

F1: On November 30, 2010, Reporting Person transferred by gift 665,000 shares to a family limited partnership of which he retained both investment control (through control of the 1% general partner) and the pecuniary interest over the shares. On December 31, 2010, the Reporting Person transferred by gift half of his limited partnership interest representing 329,175 shares to two irrevocable trusts in which he has no pecuniary interest and on January 1, 2011 he transferred his remaining limited partnership interest to a third irrevocable trusts also in which he has no pecuniary interest.