May ride around in June and July, for example (7)

I believe the answer is:

midyear

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'june and july for example' is the definition.
I can't judge whether this defines the answer.

'may ride around' is the wordplay.
'around' is an anagram indicator.
'may'+'ride'='mayride'
'mayride' anagrammed gives 'MIDYEAR'.

'in' is the link.

Can you help me to learn more?

(Another definition for midyear that I've seen is " June or July?".)

I've seen this clue in The Irish Times.

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