Michael H. Price
2012
In 2012, Michael H. Price earned a total compensation of $808.2K as President and Chief Executive Officer of Mercantile, and Chairman of the Board and Chief Executive Officer of the Bank at Mercantile Bank, a 61% increase compared to previous year.
Compensation breakdown
| Bonus | $189,600 |
|---|---|
| Salary | $474,000 |
| Stock Awards | $114,400 |
| Other | $30,227 |
| Total | $808,227 |
Price received $474K in salary, accounting for 59% of the total pay in 2012.
Price also received $189.6K in bonus, $114.4K in stock awards and $30.2K in other compensation.
Rankings
In 2012, Michael H. Price's compensation ranked 6,977th out of 11,487 executives tracked by ExecPay. In other words, Price earned more than 39.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,977 out of 11,487 | 39th |
Division Finance, Insurance, And Real Estate | 1,384 out of 2,573 | 46th |
Major group Depository Institutions | 364 out of 1,147 | 68th |
Industry group Commercial Banks | 306 out of 919 | 67th |
Industry State Commercial Banks | 160 out of 581 | 73rd |
Source: SEC filing on April 16, 2015.
Price's colleagues
We found two more compensation records of executives who worked with Michael H. Price at Mercantile Bank in 2012.