M/I Homes director granted 1,573 restricted units
GLIMCHER MICHAEL P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GLIMCHER MICHAEL P reported acquisition or exercise transactions in this Form 4 filing.
M/I Homes director Michael P. Glimcher received a grant of 1,573 restricted share units (RSUs). Each RSU represents a contingent right to receive one common share of M/I Homes, Inc. The award was made under the company’s 2018 Long-Term Incentive Plan.
The RSUs vest on the earlier of the next annual shareholder meeting that occurs at least 50 weeks after May 13, 2026, or on May 13, 2027, if he continues serving as a director. After this grant, he holds 15,392 RSUs. Vested RSUs will be settled in common shares shortly after vesting, or later if he has elected deferral under the Director Equity Compensation Deferral Plan.
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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.
FAQ
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What did the MHO Form 4 disclose about Michael P. Glimcher?
When do Michael P. Glimcher’s newly granted MHO RSUs vest?
How will Michael P. Glimcher’s vested MHO RSUs be settled?
Under which plan were Michael P. Glimcher’s MHO RSUs granted?
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