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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.  8)*

Cousins Properties Incorporated


(Name of Issuer)

Common Stock, Par Value $1.00 Per Share


(Title of Class of Securities)

222 795 10 6


(CUSIP Number)


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     
o Rule 13d-1(b)
o Rule 13d-1(c)
x Rule 13d-1(d)

*  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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 control number.

SEC 1745 (12-02)


 

     
CUSIP No. 222 795 10 6 13 G Page 1 of 5 Pages

  1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Thomas G. Cousins

  2. Check the Appropriate Box if a Member of a Group (See Instructions)

     (a)   o

     (b)   o


  3. SEC Use Only

  4. Citizenship or Place of Organization
United States of America

  5.   Sole Voting Power
    7,667,591*
Number of   6.   Shared Voting Power
Shares     624,011
Beneficially      
Owned by Each   7.   Sole Dispositive Power
Reporting     7,640,711**
Person    
With:   8.   Shared Dispositive Power
    624,011

  9. Aggregate Amount Beneficially Owned by Each Reporting Person
8,301,602


  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 


  11. Percent of Class Represented by Amount In Row (9)
16.56%(1)


  12. Type of Reporting Person (See Instructions)

IN


*SEE INSTRUCTIONS BEFORE FILLING OUT!


(1)   Based on 50,139,806 shares of Common Stock outstanding on December 31, 2004, which number includes 47,597 shares subject to currently exercisable options.
 
*   Includes 47,597 shares subject to currently exercisable options and 36,880 shares of performance accelerated restricted stock.
 
**   Includes 47,597 shares subject to currently exercisable options.


 

Item 1(a).  Name of Issuer:

     Cousins Properties Incorporated

Item 1(b).  Address of Issuer’s Principal Executive Offices:

     2500 Windy Ridge Parkway
     Atlanta, Georgia 30339

Item 2(a).  Name of Person Filing:

     Thomas G. Cousins

Item 2(b).  Address of Principal Business Office or, if None, Residence:

     2500 Windy Ridge Parkway
     Atlanta, Georgia 30339

Item 2(c).  Citizenship:

     United States of America

Item 2(d).  Title of Class of Securities:

     Common Stock, $1.00 par value

Item 2(e).  CUSIP Number:

     222 795 10 6

Item 3.  If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
         
  (a)   o   Broker or dealer registered under Section 15 of the Exchange Act.
 
       
  (b)   o   Bank as defined in Section 3(a) (6) of the Exchange Act.
 
       
  (c)   o   Insurance company as defined in Section 3(a) (19) of the Exchange Act.
 
       
  (d)   o   Investment company registered under Section 8 of the Investment Company Act.
 
       
  (e)   o   An investment adviser in accordance with Rule 13-d-1(b) (1) (ii) (E);
 
       
  (f)   o   An employee benefit plan or endowment fund in accordance with Rule 13d-1 (b) (1) (ii) (F);
 
       
  (g)   o   A parent holding company or control person in accordance with Rule 13d-1 (b) (1) (ii) (G).2

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  (h)   o   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
 
       
  (i)    o   A church plan that is excluded from the definition of an investment company under Section 3(c) (14) of the Investment Company Act;
 
       
  (j)   o   Group, in accordance with Rule 13d-1(b) (1) (ii) (J).

     If this statement is filed pursuant to Rule 13d-1 (c), check this box. ¨

Item 4.  Ownership.

     Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

             
  (a) Amount beneficially owned:        
 
           
 
  8,301,602        
 
           
  (b) Percent of class:        
 
           
  16.56%        
 
           
  (c) Number of shares as to which such person has:        
 
           
  (i) Sole power to vote or to direct the vote   7,667,591    
 
           
  (ii) Shared power to vote or to direct the vote   624,011    
 
           
  (iii) Sole power to dispose or to direct the disposition of   7,640,711    
 
           
  (iv) Shared power to dispose or to direct the disposition of   624,011    

     Instruction: For computations regarding securities which represent a right to acquire an underlying security see Rule 13d-3(d) (1).

Item 5.  Ownership of Five Percent or Less of a Class.

     N/A

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

     N/A

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Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

     N/A

Item 8.  Identification and Classification of Members of the Group.

     N/A

Item 9.  Notice of Dissolution of Group.

     N/A

Item 10.  Certifications.

     N/A

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

         
February 9, 2005
      /s/ Thomas G. Cousins
 
       
Date
      Thomas G. Cousins

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