Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HAVERTY MICHAEL R
  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)
Chairman & CEO
(Last)
(First)
(Middle)
KANSAS CITY SOUTHERN, PO BOX 219335
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2010
(Street)

KANSAS CITY, MO 64121-9335
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/12/2010   J/K(2)(3)(4)(5)   166,489 D (2) (3) (4) (5) 766,980 D  
Common Stock               66,979 I Held by spouse
Common Stock               19,258.515 I Held by 401(k) and P/S Plan
Common Stock               29,746.499 I Held by ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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
Option (Right to Buy) (1) $ 14.34             02/27/2001 02/26/2011 Common Stock 12,363   12,363 D  
LSAR (1) $ 14.34               (1)   (1) Common Stock 12,363   12,363 D  
Option (Right to Buy) (1) $ 13.42             02/06/2002 02/05/2012 Common Stock 13,207   13,207 D  
LSAR (1) $ 13.42               (1)   (1) Common Stock 13,207   13,207 D  
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  
Option (Right to Buy) (1) $ 12.55             01/16/2008 01/15/2013 Common Stock 90,000   90,000 D  
LSAR (1) $ 12.55               (1)   (1) Common Stock 90,000   90,000 D  
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  
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  
Variable pre-paid forward contract (put equivalent position) (2) (3) (4) (5) 02/12/2010   J/K(2)(3)(4)(5)     167,900 02/12/2010(2)(3)(4)(5) 02/12/2010(2)(3)(4)(5) Common Stock 167,900 (2) (3) (4) (5) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HAVERTY MICHAEL R
KANSAS CITY SOUTHERN
PO BOX 219335
KANSAS CITY, MO 64121-9335
  X     Chairman & CEO  

Signatures

 Brian P. Banks, Attorney-in-fact   02/17/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(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) On November 16, 2006, Mr. Haverty agreed to enter into three Prepaid Variable Forward Purchase Agreements (the "Agreements") with UBS Securities LLC ("Buyer"), an unaffiliated third party purchaser. The Agreements obligated Mr. Haverty to deliver to Buyer up to 350,000 shares of Kansas City Southern ("KCS") Common Stock in the aggregate (or an equivalent amount of cash, if elected by him) on the maturity dates of the Agreements (i.e., three years from the date of execution of each Agreement or an earlier date if the parties agree to terminate the Agreements early). Two of the Agreements were previously settled on November 16, 2009, and the settlements were reported on a Form 4 filed on behalf of Mr. Haverty on November 17, 2009. (Continued in Footnote 3)
(3) On February 12, 2010, Mr. Haverty settled the third Prepaid Variable Forward Contract with Buyer, which was entered into on February 9, 2007 (the "Third Contract"). The Third Contract obligated Mr. Haverty to deliver to the Buyer up to 167,900 shares of Kansas City Southern ("KCS") Common Stock (or an equivalent amount of cash, if elected by him) on the maturity date of the Third Contract (February 12, 2010). The Third Contract permitted early settlement with permission of the Buyer. In exchange for entering into the obligations under the Third Contract, Mr. Haverty received a cash payment of $4,314,721.24 for the February 13, 2007 trade. Mr. Haverty pledged all 167,900 shares of KCS Common Stock (the "Pledged Shares of the Third Contract") to secure his obligations under the Third Contract, while retaining the dividend and voting rights in the Pledged Shares of the Third Contract during the term of the pledge. (Continued in Footnote 4)
(4) The Third Contract provided that the number of shares of KCS Common Stock that Mr. Haverty would be obligated to deliver to the Buyer on the maturity date would be determined as follows: (a) if the closing price of KCS Common Stock, subject to adjustment, on the maturity date (the "Settlement Price of the Third Contract") was less than or equal to $32.0386 (the "Initial Share Price of the Third Contract"), Mr. Haverty would deliver to the Buyer all of the Pledged Shares of the Third Contract; (b) if the Settlement Price was between the Initial Share Price of the Third Contract and $44.8540 (the "Cap Price of the Third Contract"), Mr. Haverty would deliver to the Buyer a number of shares of KCS Common Stock having a value (based on the then market price) equal to $5,379,280.94; and (c) if the Settlement Price of the Third Contract was greater than the Cap Price of the Third Contract, Mr. Haverty would deliver to the Buyer 119,939 shares of KCS Common Stock. (Continued in Footnote 5)
(5) On February 12, 2010, the Settlement Price of the Third Contract was $32.3101. Accordingly, Mr. Haverty transferred to the Buyer 166,489 of the Pledged Shares of the Third Contract, and the Buyer returned to Mr. Haverty the remaining 1,411 Pledged Shares of the Third Contract.

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