COUSINS PROPERTIES INC — Director's Dealing 2012

Feb 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COUSINS PROPERTIES INC (CUZ)
CIK: 0000025232
Period of Report: 2011-02-23

Reporting Person: PAYNE WILLIAM PORTER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common Stock	P	53.6306	$8.2746	Acquired	91836.6306	Direct
2011-02-23	Common Stock	P	108	$8.2499	Acquired	91944.6306	Direct
2011-02-23	Common Stock	P	0.2412	$8.2504	Acquired	91944.8718	Direct
2011-05-31	Common Stock	P	51.2968	$8.698	Acquired	91996.1686	Direct
2011-05-31	Common Stock	P	1	$8.61	Acquired	91997.1686	Direct
2011-05-31	Common Stock	P	102	$8.72	Acquired	92099.1686	Direct
2011-05-31	Common Stock	P	0.2068	$8.704	Acquired	92099.3754	Direct
2011-08-26	Common Stock	P	69.2221	$6.479	Acquired	92168.5975	Direct
2011-08-26	Common Stock	P	1	$7.03	Acquired	92169.5975	Direct
2011-08-26	Common Stock	P	136	$6.5899	Acquired	92305.5975	Direct
2011-08-26	Common Stock	P	0.1552	$6.5721	Acquired	92305.7527	Direct
2011-12-23	Common Stock	P	69.1683	$6.529	Acquired	92374.921	Direct
2011-12-23	Common Stock	P	139	$6.51	Acquired	92513.921	Direct
2011-12-23	Common Stock	P	0.7328	$6.5229	Acquired	92514.6538	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2001	Indirect

Footnotes

F1: Shares of common stock acquired automatically under a broker-sponsored dividend reinvestment plan following quarterly cash dividends paid by Cousins Properties Incorporated.

F2: Includes 203 shares of restricted stock awarded under the Cousins Properties Incorporated (CPI) 1999 Incentive Stock Plan. These shares will vest 25% per year on each anniversary date of the grant as previously disclosed, and CPI will hold these shares until such shares become vested. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit if the Director's service as a member of the CPI Board of Directors terminates, unless separation is due to death.