X0203 3 2009-01-09 0 0000025232 COUSINS PROPERTIES INC CUZ 0001453423 Yenser Steven V 191 PEACHTREE STREET NE SUITE 3600 ATLANTA GA 30303 1 EVP Common Stock 3915 D Common Stock 688.7508 I By Profit Sharing Plan Phantom Stock 0 2006-12-09 2009-12-09 Common Stock 662 D Phantom Stock 0 2007-12-11 2010-12-11 Common Stock 1538 D Phantom Stock 0 2008-12-11 2011-12-11 Common Stock 1353 D Stock Options (Right to Buy) 16.44 2003-11-19 2012-11-19 Common Stock 2946 D Stock Options (Right to Buy) 22.49 2004-12-10 2013-12-10 Common Stock 14464 D Stock Options (Right to Buy) 28.44 2005-12-08 2014-12-08 Common Stock 19775 D Stock Options (Right to Buy) 26.11 2006-12-09 2015-12-09 Common Stock 13397 D Stock Options (Right to Buy) 36.00 2007-12-11 2016-12-11 Common Stock 14184 D Stock Options (Right to Buy) 24.27 2008-12-06 2017-12-06 Common Stock 15708 D Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan. Award of restricted stock units under the 2005 RSU Plan. Each unit represents a right to receive a payment in cash equal to the fair market value of one share of CPI's common stock as of the date payment is due under the plan. These units will vest 25% per year on each anniversary date of the grant, with units being 100% vested in year 4 of the grant term. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends but will not have shareholder rights. All unvested shares will forfeit upon termination of employment. The Exercisable Date reported is the first anniversary date of the grant when the first traunch of shares vests. Stock Options were granted under the Cousins Properties Incorporated 1999 Incentive Stock Plan. The options vest 25% per year on the anniversary date of the grant date, with shares being 100% vested in year four of the grant term. The Exercisable Date reported is the first anniversary date of the grant when the first traunch of options vests. /s/ Steven V. Yenser 2009-01-08