Michael H. Price
2014
In 2014, Michael H. Price earned a total compensation of $840.6K as Chairman, President and Chief Executive Officer of Mercantile, and Chairman of the Board of the Bank at Mercantile Bank, a 40% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $12,321 |
|---|---|
| Non-Equity Incentive Plan | $147,000 |
| Option Awards | $5,433 |
| Salary | $490,000 |
| Stock Awards | $140,910 |
| Other | $44,983 |
| Total | $840,647 |
Price received $490K in salary, accounting for 58% of the total pay in 2014.
Price also received $12.3K of change in pension value and nonqualified deferred compensation earnings, $147K in non-equity incentive plan, $5.4K in option awards, $140.9K in stock awards and $45K in other compensation.
Rankings
In 2014, Michael H. Price's compensation ranked 8,324th out of 13,032 executives tracked by ExecPay. In other words, Price earned more than 36.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,324 out of 13,032 | 36th |
Division Finance, Insurance, And Real Estate | 1,633 out of 2,846 | 43rd |
Major group Depository Institutions | 412 out of 1,250 | 67th |
Industry group Commercial Banks | 364 out of 1,013 | 64th |
Industry State Commercial Banks | 195 out of 670 | 71st |
Source: SEC filing on April 11, 2016.
Price's colleagues
We found four more compensation records of executives who worked with Michael H. Price at Mercantile Bank in 2014.
2014
Robert Kaminski
Mercantile Bank
Chief Executive Officer
2014
Charles Christmas
Mercantile Bank
Chief Financial Officer
2014
Thomas Sullivan
Mercantile Bank
Chairman
2014
Samuel Stone
Mercantile Bank