SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
STEERS ROBERT HAMILTON

(Last) (First) (Middle)
C/O COHEN & STEERS, INC.
280 PARK AVENUE

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COHEN & STEERS INC [ CNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Co-Chairman and Co-CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/26/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stoc, par value $0.01 per share 01/26/2007 A 47,324(1) A $0 10,849,777 D
Common Stock, par value $0.01 per share 01/27/2006 F 3,687(2) D $47.75 10,846,090(3) D
Common Stock, par value $0.01 per share 01/27/2007 P(4) 0(4) A $0(4) 950,920(5) I See footnote(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 8,321 restricted stock units (RSUs) that vest ratably over five years. Also includes 27,043 RSUs mandatorily deferred by the Company from Mr. Steers' annual discretionary bonus, plus 6,760 RSUs granted to Mr. Steers as a Company match on his mandatory bonus deferral. These RSUs will generally vest ratably over four years. Also includes 4,160 RSUs voluntarily deferred by Mr. Steers from his annual discretionary bonus, plus 1,040 RSUs granted to Mr. Steers as a Company match on his voluntary bonus deferral. These RSUs will generally be delivered on the third anniversary of grant.
2. Represents the withholding by the Company of a sufficient number of shares of common stock to satisfy Mr. Steers' tax obligations on the vesting of 10,895 previously reported RSUs.
3. Includes 1,373 total RSUs acquired pursuant to a dividend reinvestment feature under the Company's 2004 Stock Incentive Plan. Does not include 950,920 shares held in a trust for the benefit of Mr. Steers' family. Mr. Steers' spouse is the trustee of the trust. Mr. Steers disclaims beneficial ownership of these securities for the purposes of Section 16 and for any other purpose.
4. Disregard entries in the third row for columns 2, 2A, 3 and 4, which entries were provided solely to allow transmission of third row information in columns 1, 5, 6 and 7.
5. These shares are held by the Robert Steers Family Trust for the benefit of Mr. Steers' family. Mr. Steers' wife is the trsutee of the trust. Mr. Steers disclaims beneficial ownership of these securities for Section 16 purposes or for any other purpose.
Lawrence B. Stoller, Attorney-in-Fact for Robert H. Steers 01/30/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.