M/I Homes director granted 1,573 restricted units
Smith Eugene Dubois reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Smith Eugene Dubois reported acquisition or exercise transactions in this Form 4 filing.
M/I Homes, Inc. director Eugene Dubois Smith received a grant of 1,573 restricted share units as equity compensation. Each unit represents the right to receive one common share of M/I Homes.
The award was granted under the 2018 Long-Term Incentive Plan and vests on the earlier of the next annual shareholder meeting (if at least 50 weeks after May 13, 2026) or on May 13, 2027, subject to his continued board service. Vested units will be settled in common shares shortly after vesting, or later if he elects deferral under the Director Equity Compensation Deferral Plan.
Positive
- None.
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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.
Key Figures
Key Terms
2018 Long-Term Incentive Plan financial
Director Equity Compensation Deferral Plan financial
vest financial
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