Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MHO | Phantom Stock | Award | $0 | +271 | +23.71% | $0.00 | 1.41K | May 10, 2023 | Common Shares | 271 | Direct | F1, F2, F3 | |
transaction | MHO | Restricted Share Units | Award | $0 | +2.89K | +90.49% | $0.00 | 6.09K | May 10, 2023 | Common Shares | 2.89K | Direct | F4, F5 |
Id | Content |
---|---|
F1 | The Phantom Stock Units were granted as payment for serving as a member of the Board of Directors pursuant to the M/I Homes, Inc. Director Deferral Plan (the "Plan). |
F2 | 1-for-1 |
F3 | The Phantom Stock units accrue under the Plan and are to be settled in Common Shares upon the earlier of (i) the date speciated by the reporting person in his deferral notice, or (ii) the date of the reporting person's termination of service as a director. |
F4 | Each restricted share unit represents a contingent right to receive one common share of M/I Homes, Inc. (The "Company"). |
F5 | The restricted share units were granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan, as amended, and vest on the earlier of (i) the date of the next annual meeting of shareholders of M/I Homes, Inc. (provided that such annual meeting of shareholders is at least 50 weeks after May 10, 2023) or (ii) May 10, 2024, subject to the reporting person continuing to serve as a director of M/I Homes, Inc. on such date. Vested restricted share units will be settled in common shares of M/I Homes, Inc. within 60 days following the reporting person's separation from service as a director. |