<SEC-DOCUMENT>0001127602-12-008204.txt : 20120228
<SEC-HEADER>0001127602-12-008204.hdr.sgml : 20120228
<ACCEPTANCE-DATETIME>20120228104237
ACCESSION NUMBER:		0001127602-12-008204
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110223
FILED AS OF DATE:		20120228
DATE AS OF CHANGE:		20120228

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COUSINS PROPERTIES INC
		CENTRAL INDEX KEY:			0000025232
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				580869052
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		191 PEACHTREE STREET N.E.
		STREET 2:		SUITE 500
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30303-1740
		BUSINESS PHONE:		404-407-1000

	MAIL ADDRESS:	
		STREET 1:		191 PEACHTREE STREET N.E.
		STREET 2:		SUITE 500
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30303-1740

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PAYNE WILLIAM PORTER
		CENTRAL INDEX KEY:			0001180449
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11312
		FILM NUMBER:		12644965

	MAIL ADDRESS:	
		STREET 1:		GLEACHER PARTNERS, LLC
		STREET 2:		3050 PEACHTREE RD., N.W., STE. 475
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30305
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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    <periodOfReport>2011-02-23</periodOfReport>

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        <issuerName>COUSINS PROPERTIES INC</issuerName>
        <issuerTradingSymbol>CUZ</issuerTradingSymbol>
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            <rptOwnerName>PAYNE WILLIAM PORTER</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet2>SUITE 500</rptOwnerStreet2>
            <rptOwnerCity>ATLANTA</rptOwnerCity>
            <rptOwnerState>GA</rptOwnerState>
            <rptOwnerZipCode>30303</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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                <directOrIndirectOwnership>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
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                <directOrIndirectOwnership>
                    <value>D</value>
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            <securityTitle>
                <value>Common Stock</value>
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                <transactionFormType>4</transactionFormType>
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                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionShares>
                    <value>0.7328</value>
                    <footnoteId id="F1"/>
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                <transactionPricePerShare>
                    <value>6.5229</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
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                    <value>92514.6538</value>
                    <footnoteId id="F2"/>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
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                <sharesOwnedFollowingTransaction>
                    <value>2001</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Wife</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Shares of common stock acquired automatically under a broker-sponsored dividend reinvestment plan following quarterly cash dividends paid by Cousins Properties Incorporated.</footnote>
        <footnote id="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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Kristin R. Myers, by Power of Attorney</signatureName>
        <signatureDate>2012-02-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
