FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2008
Estimated average burden
hours per response... 0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HAYDEN LOIS T 		2. Issuer Name and Ticker or Trading Symbol

MIDLAND CO [ MLAN ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

7000 MIDLAND BOULEVARD 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/3/2008
(Street)

AMELIA, OH 45102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 Stock   4/3/2008     U    146408   D   (1) 0   I   By Spouse as Trustee of Grantor Retained Annuity Trust  
Common Stock   4/3/2008     U    1809660   D   (1) 0   I   Through Ltd. Partnerships   (2)
Common Stock   4/3/2008     U    144412   D   (1) 0   I   By Self as Trustee of Grantor Retained Annuity Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Stock Option   $16.594   4/3/2008     U        3000    2/15/2001   2/15/2011   Common Stock   3000   $48.406   (3) 0   I   By Spouse  
Stock Option   $20.78   4/3/2008     U        2200    2/1/2002   1/31/2012   Common Stock   2200   $44.22   (3) 0   I   By Spouse  
Stock Option   $17.23   4/3/2008     U        2700    2/14/2003   2/13/2013   Common Stock   2700   $47.77   (3) 0   I   By Spouse  
Stock Option   $24.40   4/3/2008     U        2000    2/18/2004   2/17/2014   Common Stock   2000   $40.60   (3) 0   I   By Spouse  
Stock Option   $33.21   4/3/2008     U        1600    2/17/2005   2/16/2015   Common Stock   1600   $31.79   (3) 0   I   By Spouse  
Stock Option   $32.10   4/3/2008     U        2700    2/23/2006   2/24/2016   Common Stock   2700   $32.90   (3) 0   I   By Spouse  
Stock Option   $44.11   4/3/2008     U        1300    2/21/2007   2/21/2017   Common Stock   1300   $20.89   (3) 0   I   By Spouse  

Explanation of Responses:
( 1)  Disposed of pursuant to a merger agreement between issuer and an unaffiliated acquiror for a cash payment equal to $65.00 per share.
( 2)  Hayden Investment Limited Partnership ("HILP") and J&L Hayden Holdings Limited Partnership ("J&L") are both limited partnerships organized under the laws of Georgia with a principal place of business in Amelia, Ohio. The reporting person has sole investment authority and voting control in HILP and J&L.
( 3)  Options, whether vested or unvested, disposed of pursuant to a merger agreement between issuer and an unaffiliated acquiror for a cash payment equal to the product of (i) the number of common shares underlying the unexercised stock option, multiplied by (ii) the excess, if any, of $65.00 over the per share exercise price of such option.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HAYDEN LOIS T
7000 MIDLAND BOULEVARD
AMELIA, OH 45102
X


Signatures
Lori Birkenhauer, as Attorney-in-Fact for Lois T. Hayden 4/3/2008
** Signature of Reporting Person Date


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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Midland Co (MM) (NASDAQ:MLAN)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025 Plus de graphiques de la Bourse Midland Co (MM)
Midland Co (MM) (NASDAQ:MLAN)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025 Plus de graphiques de la Bourse Midland Co (MM)