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: ALUTTO JOSEPH A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-08	Phantom Stock	$	A	913	Acquired		Common Shares (913)	Direct
2012-05-08	Stock Unit	$	A	1000	Acquired		Common Shares (1000)	Direct

Footnotes

F1: The Phantom Stock units were granted as payment for serving as a member of the Board of Directors pursuant to the M/I Homes, Inc. Director Deferred Compensation Plan (the "Plan").

F2: 1-for-1

F3: The Phantom Stock units accrue under the Plan and are to be settled in Common Shares upon the earlier of (i) the date specified by the reporting person in his deferral notice, or (ii) the date of the reporting person's termination of service as a director.

F4: The Stock Units accrue under the M/I Homes, Inc. 2009 Long-Term Incentive Plan, as amended (the "2009 LTIP") and will be settled in Common Shares as of the date of the Director's separation from service from the Company.

F5: Represents Stock Units credited to the reporting person under the 2009 LTIP for dividends accrued on Common Shares underlying Stock Units held by the reporting person under the 2009 LTIP.

F6: Joseph A. Alutto also accures 4,026.7922 Stock Units under the M/I Homes, Inc. 2006 Director Equity Incentive Plan (the "Director Plan") which will be settled in Common Shares as of the date of the Director's separation from service from the Company.