UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if amendment [ ]; This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Central Securities Corporation Address: 630 Fifth Avenue New York, New York 10111 13F File Number: 28-6578 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Marlene A. Krumholz Title: Secretary Phone: 212-698-2020 Signature, Place, and Date of Signing: /s/ Marlene A. Krumholz New York, New York May 11, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: None I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 33 Form 13F Information Table Value Total: 422,569 List of Other Included Managers: None FORM 13F INFORMATION TABLE Voting Authority Title Value Shares/ Shares/ Put/ Investment Other -------------------- Name of Issuer of Class CUSIP (x$1000) Principal Principal Call Descretion Manager Sole Shared None Column 1 Column 2 Column 3 Column 4 Column 5 Column 5 Column 6 Column 7 Column 8 Agilent Technologies, Inc. Common 00846U 10 1 30,712 690,000 SH SOLE 690,000 0 0 Analog Devices, Inc. Common 032654 10 5 28,684 710,000 SH SOLE 710,000 0 0 The Bank of New York Mellon Common 064058 10 0 22,320 925,000 SH SOLE 925,000 0 0 Corporation Brady Corporation Class A 104674 10 6 23,939 740,000 SH SOLE 740,000 0 0 CEVA, Inc. Common 157210 10 5 19,265 848,300 SH SOLE 848,300 0 0 Coherent, Inc. Common 192479 10 3 46,722 801,000 SH SOLE 801,000 0 0 Convergys Corporation Common 212485 10 6 22,695 1,700,000 SH SOLE 1,700,000 0 0 Devon Energy Corporation Common 25179M 10 3 14,224 200,000 SH SOLE 200,000 0 0 Flextronics International Ltd. Common Y2573F 10 2 4,549 630,000 SH SOLE 630,000 0 0 General Electric Company Common 369604 10 3 4,014 200,000 SH SOLE 200,000 0 0 GeoMet Inc. Common 37250U 20 1 1,360 2,000,000 SH SOLE 2,000,000 0 0 GeoMet Inc. Preferred 37250U 30 0 1,986 245,220 SH SOLE 245,220 0 0 Conv.A Heritage-Crystal Clean Inc. Common 42726M 10 6 8,254 413,712 SH SOLE 413,712 0 0 Intel Corporation Common 458140 10 0 41,891 1,490,000 SH SOLE 1,490,000 0 0 Johnson & Johnson Common 478160 10 4 6,596 100,000 SH SOLE 100,000 0 0 JP Morgan Chase & Co. Common 46625H 10 0 4,598 100,000 SH SOLE 100,000 0 0 McMoRan Exploration Corporation Common 582411 10 4 6,711 627,200 SH SOLE 627,200 0 0 Medtronic, Inc. Common 585055 10 6 3,919 100,000 SH SOLE 100,000 0 0 Merck & Co.Inc. Common 58933Y 10 5 3,840 100,000 SH SOLE 100,000 0 0 Mindspeed Technologies, Inc. Common 602682 20 5 8,918 1,400,000 SH SOLE 1,400,000 0 0 Motorola Solutions, Inc. Common 620076 30 7 10,166 200,000 SH SOLE 200,000 0 0 Murphy Oil Corporation Common 626717 10 2 15,756 280,000 SH SOLE 280,000 0 0 Precision Castparts Corporation Common 740189 10 5 17,290 100,000 SH SOLE 100,000 0 0 Primus Telecommunications Group Common 741929 30 1 2,338 145,425 SH SOLE 145,425 0 0 QEP Resources Inc. Common 74733V 10 0 9,760 320,000 SH SOLE 320,000 0 0 RadiSys Corporation Common 750459 10 9 8,806 1,190,000 SH SOLE 1,190,000 0 0 Roper Industries, Inc. Common 776696 10 6 14,874 150,000 SH SOLE 150,000 0 0 Sonus Networks, Inc. Common 835916 10 7 8,700 3,000,000 SH SOLE 3,000,000 0 0 Tesco PLC ADR Sponsored 881575 30 2 6,396 400,000 SH SOLE 400,000 0 0 ADR Vical Incorporated Common 925602 10 4 775 228,000 SH SOLE 228,000 0 0 Vodafone Group PLC Sponsored 92857W 20 9 5,534 200,000 SH SOLE 200,000 0 0 ADR Walgreen Co. Common 931422 10 9 7,368 220,000 SH SOLE 220,000 0 0 Xerox Corporation Common 984121 10 3 9,609 1,190,000 SH SOLE 1,190,000 0 0