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* HAVERTY MICHAEL R (Last) (First) (Middle) KANSAS CITY SOUTHERN PO BOX 219335 (Street) KANSAS CITY MO 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) X Director 10% Owner X Officer (give title below) Other (specify below) Executive Chairman
	3. Date of Earliest Transaction (Month/Day/Year) 10/31/2011
	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 Stock	10/31/2011		M		13,207	A	$13.42	603,606	D
Common Stock	10/31/2011		M		58,790	A	$12.55	662,396	D
Common Stock	10/31/2011		F		39,230(4)	D	$65.0945	623,166	D
Common Stock								20,677.812	I	Held by 401(k) and P/S Plan
Common Stock								29,745.961	I	Held by ESOP

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
Employee Stock Option (Right to Buy)(1)	$13.42	10/31/2011		M(5)			13,207	02/06/2002	02/05/2012	Common Stock	13,207	$0	0	D
LSAR(1)	$13.42	10/31/2011		J(5)			13,207	(1)	(1)	Common Stock	13,207	$0	0	D
Employee Stock Option (Right to Buy)(1)	$12.55							01/16/2003	01/15/2013	Common Stock	15,901		15,901	D
LSAR(1)	$12.55							(1)	(1)	Common Stock	15,901		15,901	D
Employee Stock Option (Right to Buy)(1)	$12.55	10/31/2011		M(5)			58,790	01/16/2008	01/15/2013	Common Stock	58,790	$0	31,210	D
LSAR(1)	$12.55	10/31/2011		J(5)			58,790	(1)	(1)	Common Stock	58,790	$0	31,210	D
Employee Stock Option (Right to Buy)(1)	$14.6							01/02/2005	01/01/2014	Common Stock	90,000		90,000	D
LSAR(1)	$14.6							(1)	(1)	Common Stock	90,000		90,000	D
Employee Stock Option (Right to Buy)(1)	$14.53							02/09/2004	02/08/2014	Common Stock	13,689		13,689	D
LSAR(1)	$14.53							(1)	(1)	Common Stock	13,689		13,689	D
Employee Stock Option (Right to Buy)	$35.41							03/01/2013(2)	02/29/2020	Common Stock	49,200		49,200	D
Employee Stock Option (Right to Buy)	$52.62							(3)	02/22/2021	Common Stock	15,700		15,700	D

Explanation of Responses:

1. 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. Prior to March 1, 2013, this option may become exercisable in 1/3 increments if the daily closing price of Kansas City Southern's common stock on the New York Stock Exchange is greater than or equal to $38.95, $42.85, and $47.14, respectively, for at least 30 consecutive trading days. The first target was met and 16,400 of these options became exercisable on November 19, 2010. The second target was met and 16,400 of these options became exercisable on December 8, 2010. The third target was met and 16,400 of these options became exercisable on January 7, 2011.

3. These options become exercisable in three equal installments beginning on the first anniversary of the date of grant.

4. Of these shares, 14,056 shares were surrendered to pay the option price and 25,174 shares were withheld to pay taxes for the reporting person's employee stock option exercise.

5. Options exercised in rule 16b-3 exempt transaction. LSARs canceled with respect to such shares.

Remarks:

	Brian P. Banks, Attorney-in-fact	11/01/2011
	** 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.