SEC FORM 4

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

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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^*

Lawrence Larry M

(Last)

(First)

(Middle)

KANSAS CITY SOUTHERN

PO BOX 219335

(Street)

KANSAS CITY

64121-9335

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
KANSAS CITY SOUTHERN [ KSU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. VP & Asst. to Chairman

3. Date of Earliest Transaction (Month/Day/Year)
01/17/2007

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/17/2007		A		11,392	A	$0	47,566	D
Common Stock								5,000	I	By Trust
Common Stock								0.791	I	By ESOP⁽³⁾
Common Stock								6,075.827	I	by 401(k) & P/S Plan⁽⁴⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option (Right to Buy)⁽¹⁾	$12.575							11/01/2002	10/31/2011	Common Stock	15,000		15,000	D
LSAR⁽¹⁾	$12.575							⁽¹⁾	⁽¹⁾	Common Stock	15,000		15,000	D
Option (Right to Buy)⁽¹⁾	$15.8							05/01/2003	04/30/2012	Common Stock	10,000		10,000	D
LSAR⁽¹⁾	$15.8							⁽¹⁾	⁽¹⁾	Common Stock	10,000		10,000	D
Option (Right to Buy)⁽¹⁾	$11.2							04/01/2008	03/31/2013	Common Stock	15,000		15,000	D
LSAR⁽¹⁾	$11.2							⁽¹⁾	⁽¹⁾	Common Stock	15,000		15,000	D
Option (Right to Buy)⁽¹⁾	$11.41							04/30/2004	04/29/2013	Common Stock	60,000		60,000	D
LSAR⁽¹⁾	$11.41							⁽¹⁾	⁽¹⁾	Common Stock	60,000		60,000	D
Option (Right to Buy)⁽¹⁾	$14.6							01/02/2005	01/01/2014	Common Stock	6,000		6,000	D
LSAR⁽¹⁾	$14.6							⁽¹⁾	⁽¹⁾	Common Stock	6,000		6,000	D
Option (Right to Buy)⁽¹⁾	$14.53							⁽²⁾	02/08/2014	Common Stock	827		827	D
LSAR⁽¹⁾	$14.53							⁽¹⁾	⁽¹⁾	Common Stock	827		827	D
Option (Right to Buy)⁽¹⁾	$19.02							05/04/2006	05/03/2015	Common Stock	19,000		19,000	D
LSAR⁽¹⁾	$19.02							⁽¹⁾	⁽¹⁾	Common Stock	19,000		19,000	D

Explanation of Responses:

1. Limited Stock Appreciation Rights ("LSARs") are granted in tandem with stock options. LSARs become exercisable only following a change-in-control of the Company in lieu of related options and are exercisable only for cash. LSARs terminate when the related options are exercised or terminated.

2. These options become exercisable in installments: 165 on February 9, 2004, 165 on June 23, 2004, 166 on June 23, 2005 and 331 on June 23, 2006.

3. .791 shares have accrued to the reporting person's account under the KCS Employee Stock Ownership Plan.

4. Includes 731.459 shares acquired under the KCS 401(k) and Profit Sharing Plan since the date of the reporting person's last ownership report.

Remarks:

	Julie D. Powell, Attorney-in-fact	01/19/2007
	** 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.