M/I Homes director receives 1,573 RSU award
Brown Yvette McGee reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brown Yvette McGee reported acquisition or exercise transactions in this Form 4 filing.
M/I Homes, Inc. director Yvette McGee Brown received a grant of 1,573 restricted share units, each representing one common share of the company. Following this award, she holds 3,395 restricted share units directly. The units were granted under the M/I Homes, Inc. 2018 Long-Term Incentive Plan.
The restricted share units vest on the earlier of the next annual meeting of shareholders, if that meeting is at least 50 weeks after May 13, 2026, or on May 13, 2027, provided she continues serving as a director. Once vested, the units will be settled in common shares within a defined time frame or later if she has made a deferral election.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 1,573 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted share unit represents a contingent right to receive one common share of M/I Homes, Inc. (The "Company").
- F2. 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 13, 2026) or (ii) May 13, 2027, 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. no later than the fifteenth day of the third month following the applicable vesting date, unless the reporting person has made a timely deferral election under the M/I Homes, Inc. Director Equity Compensation Deferral Plan, in which case the settlement date will be determined pursuant to the terms of the M/I Homes, Inc. Director Equity Compensation Deferral Plan.
Key Figures
Key Terms
2018 Long-Term Incentive Plan financial
Director Equity Compensation Deferral Plan financial
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