CURRENT
REPORT | |
PURSUANT
TO SECTION 13 OR 15(D) | |
OF
THE SECURITIES EXCHANGE ACT OF 1934 | |
|
|
Date
of Report (Date of earliest event reported): February 16,
2005 | |
M/I
HOMES, INC. | ||||
(Exact
name of registrant as specified in its charter) | ||||
Ohio |
|
1-12434 |
|
31-1210837 |
(State
or Other Jurisdiction |
|
(Commission |
|
(I.R.S.
Employer |
of
Incorporation) |
|
File
Number) |
|
Identification No.)
|
3
Easton Oval, Suite 500, Columbus, Ohio |
43219
|
|
(Address
of Principal Executive Offices) |
(Zip
Code) |
|
(614)
418-8000 |
(Telephone
Number) |
N/A |
(Former
name or former address, if changed since last
report) |
1. |
The
Committee approved a new annual base salary of $400,000 for Phillip G.
Creek, Senior Vice President and Chief Financial Officer, effective
February 16, 2005. This increase was based on a review of Mr. Creek’s
performance and a review of industry comparisons. |
2. |
Pursuant
to the terms of the Company’s 2004 Executive Officers Compensation Plan
(the “Plan”), which was adopted by the Company’s Board in March 2004 and
approved by the Company’s shareholders at its 2004 Annual Meeting of
Shareholders, the Committee established Award Formulas and Performance
Goals (each as defined in the Plan), including targets for net income,
customer service and the return on beginning equity for each executive
officer for their 2005 performance bonus under the Plan. Attached hereto
as Exhibits 10.1, 10.2 and 10.3 and incorporated by reference herein is a
copy of each executive officer’s Award Formulas and Performance Goals for
their 2005 performance bonus under the Plan.
|
Exhibit
No. |
Description
of Documents | |
10.1 |
2005
Award Formulas and Performance Goals - Chairman and Chief Executive
Officer | |
10.2 |
2005
Award Formulas and Performance Goals - Chief Operating Officer
| |
10.3 |
2005
Award Formulas and Performance Goals - Senior Vice President and Chief
Financial Officer | |
99.1 |
Press
release dated February 17, 2005 |
By: |
/s/
Phillip G. Creek |
Phillip
G. Creek | |
Senior
Vice President, | |
Chief
Financial Officer, Director | |
(Principal
Financial Officer) | |
Exhibit
No. |
Description
of Documents | |
10.1 |
2005
Award Formulas and Performance Goals - Chairman and Chief Executive
Officer | |
10.2 |
2005
Award Formulas and Performance Goals - Chief Operating Officer
| |
10.3 |
2005
Award Formulas and Performance Goals - Senior Vice President and Chief
Financial Officer | |
99.1 |
Press
release dated February 17, 2005 |