Charles E. Christmas
2016
In 2016, Charles E. Christmas earned a total compensation of $549.5K as Executive Vice President, Chief Financial Officer and Treasurer of Mercantile, and Executive Vice President and Chief Financial Officer of the Bank at Mercantile Bank, a 32% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $70,875 |
|---|---|
| Option Awards | $5,245 |
| Salary | $315,000 |
| Stock Awards | $123,450 |
| Other | $34,964 |
| Total | $549,534 |
Christmas received $315K in salary, accounting for 57% of the total pay in 2016.
Christmas also received $70.9K in non-equity incentive plan, $5.2K in option awards, $123.5K in stock awards and $35K in other compensation.
Rankings
In 2016, Charles E. Christmas' compensation ranked 10,850th out of 14,075 executives tracked by ExecPay. In other words, Christmas earned more than 22.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 10,850 out of 14,075 | 23rd |
Division Finance, Insurance, And Real Estate | 2,115 out of 3,060 | 31st |
Major group Depository Institutions | 692 out of 1,387 | 50th |
Industry group Commercial Banks | 606 out of 1,099 | 45th |
Industry State Commercial Banks | 351 out of 728 | 52nd |
Source: SEC filing on April 9, 2018.
Christmas' colleagues
We found three more compensation records of executives who worked with Charles E. Christmas at Mercantile Bank in 2016.