12. Robert H. Schottenstein, M/I Homes 2014 Salary % Total
% Change Vs. 2013 Breakdown ($) Comp
21.34%    
Base salary               900,000 18.06%
Bonus 0 0.00%
Stock Awards 585,911 11.76%
Options Awards 1,042,800 20.93%
Non-Equity Incentive 2,441,565 49.01%
Change in Pension Value 0 0.00%
All Other Comp                 11,954 0.24%
TOTAL COMP 4,982,230  


  • Schottenstein’s base salary was unchanged from 2013.
  • Schottenstein’s non-equity incentive was reached by achieving an adjusted pre-tax income of $73.2 million, an increase of more than 55% from 2013, more than the target 40% but short of the maximum. The $2,441,565 represented 78% of his maximum potential performance bonus opportunity of 2014.
  • Schottenstein was awarded options to purchase 82,500 common Shares, with an aggregate grant date fair value of $1,042,800. The award represents the same number of service-based stock options that he received in 2013.