Michael H. Price
2015
In 2015, Michael H. Price earned a total compensation of $773.5K as Executive Chairman of Mercantile and the Bank at Mercantile Bank, a 8% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $6,034 |
|---|---|
| Non-Equity Incentive Plan | $86,240 |
| Option Awards | $8,812 |
| Salary | $539,000 |
| Stock Awards | $100,560 |
| Other | $32,813 |
| Total | $773,459 |
Price received $539K in salary, accounting for 70% of the total pay in 2015.
Price also received $6K of change in pension value and nonqualified deferred compensation earnings, $86.2K in non-equity incentive plan, $8.8K in option awards, $100.6K in stock awards and $32.8K in other compensation.
Rankings
In 2015, Michael H. Price's compensation ranked 9,118th out of 13,638 executives tracked by ExecPay. In other words, Price earned more than 33.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 9,118 out of 13,638 | 33rd |
Division Finance, Insurance, And Real Estate | 1,742 out of 2,968 | 41st |
Major group Depository Institutions | 475 out of 1,318 | 64th |
Industry group Commercial Banks | 412 out of 1,040 | 60th |
Industry State Commercial Banks | 234 out of 683 | 66th |
Source: SEC filing on April 9, 2018.
Price's colleagues
We found four more compensation records of executives who worked with Michael H. Price at Mercantile Bank in 2015.
2015
Robert Kaminski
Mercantile Bank
Chief Executive Officer
2015
Charles Christmas
Mercantile Bank
Chief Financial Officer
2015
Samuel Stone
Mercantile Bank
Former Executive Vice President of Corporate Finance and Strategic Planning of Mercantile and the Bank
2015
Thomas Sullivan
Mercantile Bank