M I HOMES INC 4
4 · M I HOMES INC · Filed May 7, 2015
Insider Transaction Report
Form 4
Carter William H
Director
Transactions
- Award
Phantom Stock
2015-05-05$22.77/sh+1,043$23,749→ 11,646 total→ Common Shares (1,043 underlying) - Award
Stock Unit
2015-05-05+2,500→ 7,500 total→ Common Shares (2,500 underlying)
Footnotes (5)
- [F1]The Phantom Stock units were granted as payment for serving as a member of the Board of Directros pursuant to the M/I Homes, Inc. Director Deferred Compensation 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]The Stock Units accrue under the M/I Homes, Inc. 2009 Long-Term Incentive Plan, as amended (the "2009 LTIP") and will be settled in Common Shares as of the date of the Director's separation from service from the Company.
- [F5]Represents Stock Units credited to the reporting person under the 2009 LTIP for dividends accrued on Common Shares underlying Stock Units held by the reporting person under the 2009 LTIP.