Sec Form 4 Filing - SCHOTTENSTEIN IRVING E @ M I HOMES INC - 2004-01-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SCHOTTENSTEIN IRVING E
2. Issuer Name and Ticker or Trading Symbol
M I HOMES INC [ MHO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman
(Last) (First) (Middle)
3 EASTON OVAL
3. Date of Earliest Transaction (MM/DD/YY)
01/15/2004
(Street)
COLUMBUS, OH43219
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 01/15/2004 J( 1 )( 3 ) 69,600 D 0 ( 1 ) ( 2 ) ( 3 ) I see footnotes ( 1 ) ( 2 ) ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHOTTENSTEIN IRVING E
3 EASTON OVAL
COLUMBUS, OH43219
X X Chairman
Signatures
Phillip G. Creek, on behalf of Irving E. Schottenstein (4) 02/12/2004
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Irving E. Schottenstein previously reported in his capacity as trustee of the Steven Schottenstein Descendants Trust (the ?SSD Trust?) the 69,600 Common Shares held in the SSD Trust for the benefit of the children of Steven Schottenstein, his son. As permitted by the trust agreement for the SSD Trust, Irving E. Schottenstein, as trustee, contributed (as a capital contribution) the 69,600 Common Shares held in the SSD Trust to SAAS Trust Holdings, LLC (?SAAS LLC?), an Ohio limited liability company whose sole members are trusts for the benefit of Steven Schottenstein and his children, including the SSD Trust which is not a controlling member of SAAS LLC and whose trustee does not have investment power as to any of the Common Shares held by SAAS LLC. Steven Schottenstein as the sole manager of SAAS LLC now exercises all rights with regard to the Common Shares held by SAAS LLC and now reports ownership of such 69,600 Common Shares for purposes of Section 16.
( 2 )As of January 15, 2004, Irving E. Schottenstein also indirectly owns 3,101,200 Common Shares. 547,100 of these Common Shares are beneficially owned by IES Family Holdings No. 1, LLC. 855,400 of these Common Shares are beneficially owned by IES Family Holdings No. 2, LLC. 792,900 of these Common Shares are beneficially owned by IES Family Holdings No. 3, LLC. 905,800 of these Common Shares are beneficially owned by IES Family Holdings No. 4, LLC. As of January 15, 2004, Irving E. Schottenstein holds a 25.3%, 25.0%, 20.9% and 22.5% membership interest in IES Family Holdings No. 1, LLC, IES Family Holdings No. 2, LLC, IES Family Holdings No. 3, LLC and IES Family Holdings No. 4, LLC, respectively. Irving E. Schottenstein disclaims beneficial ownership of the Common Shares as held by these limited liability companies except to the extent of his pecuniary interest therein.
( 3 )All information in the Form 4 is provided as of January 15, 2004. On February 11, 2004, Irving E. Schottenstein passed away. Changes in beneficial ownership as a result thereof will be reported in future filings.

Remarks:
(4) Phillip G. Creek executed this Form 4 of behalf of the late Irving E. Schottenstein. Irving E. Schottenstein had previously executed a Power of Attorney authorizing Phillip G. Creek to execute Section 16 reports on his behalf.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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