M/I HOMES, INC. — Director's Dealing 2012

May 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M I HOMES INC (MHO)
CIK: 0000799292
Period of Report: 2012-05-08

Reporting Person: SCHOTTENSTEIN ROBERT H (Director, Chairman, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-09	Common Shares	G	40000	—	Disposed	585400	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-08	Option to Purchase Common Shares	$12.23	A	37500	Acquired	2022-02-08	Common Shares (37500)	Direct

Footnotes

F1: The reporting person also directly beneficially owns 628 Common Shares. The spouse of the reporting person beneficially owns 10,000 Common Shares, which the reporting person disclaims beneficial ownership of and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

F2: These Common Shares are beneficially owned by IES Family Holdings No. 2, LLC, an Ohio limited liability company, and Robert H. Schottenstein is the sole manager of the IES Family Holdings No. 2, LLC.

F3: The Option was granted pursuant to the M/I Homes, Inc. 2009 Long-Term Incentive Plan.

F4: The Option grant was approved by the Compensation committee of the Board of Directors of M/I Homes, Inc. on February 8, 2012, subject to shareholder approval of an amendment to the M/I Homes, Inc. 2009 Long-Term Incentive Plan to increase the number of shares available for grant thereunder. M/I Homes, Inc.'s shareholders approved the amendment on May 8, 2012.

F5: Twenty percent (20%) of grant becomes exercisable on December 31 immediately following the date of grant and each of the first four anniversaries thereof.