Edgar Filing: Wochner William J

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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 ^*

Â Wochner William J

2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2006

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

(Last)

(First)

(Middle)

KANSAS CITY SOUTHERN,Â PO BOX 219335

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

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
VP & Interim General Counsel

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

KANSAS CITY,Â MOÂ 64121-9335

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 Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	73,653	D	Â
Common Stock	17,161.303	I	Held by ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy) ⁽¹⁾	07/13/2001	07/12/2010	Common Stock	72,000	$ 5.75	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	72,000	$ 5.75	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	02/27/2001	02/26/2011	Common Stock	817	$ 14.34	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	817	$ 14.34	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	02/06/2002	02/05/2012	Common Stock	873	$ 13.42	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	873	$ 13.42	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	01/16/2003	01/15/2013	Common Stock	1,148	$ 12.55	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	1,148	$ 12.55	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	01/16/2008	01/15/2013	Common Stock	15,000	$ 12.55	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	15,000	$ 12.55	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	01/02/2005	01/01/2014	Common Stock	6,000	$ 14.6	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	6,000	$ 14.6	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	02/09/2004	02/08/2014	Common Stock	1,102	$ 14.53	D	Â
LSAR ⁽¹⁾	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	1,102	$ 14.53	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Wochner William J KANSAS CITY SOUTHERN PO BOX 219335 KANSAS CITY,Â MOÂ 64121-9335	Â	Â	Â VP & Interim General Counsel	Â

Signatures

Julie D. Powell, Attorney-in-fact		12/11/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	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.

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