Mahesh V. Patel
2022
In 2022, Mahesh V. Patel earned a total compensation of $883.9K as President and Chief Executive Officer at Lipocine, a 20% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $88,951 |
|---|---|
| Option Awards | $284,943 |
| Salary | $494,172 |
| Other | $15,788 |
| Total | $883,854 |
Patel received $494.2K in salary, accounting for 56% of the total pay in 2022.
Patel also received $89K in non-equity incentive plan, $284.9K in option awards and $15.8K in other compensation.
Rankings
In 2022, Mahesh V. Patel's compensation ranked 3,298th out of 5,753 executives tracked by ExecPay. In other words, Patel earned more than 42.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,298 out of 5,753 | 43rd |
Division Manufacturing | 1,859 out of 3,133 | 41st |
Major group Chemicals And Allied Products | 884 out of 1,419 | 38th |
Industry group Drugs | 827 out of 1,320 | 37th |
Industry Pharmaceutical Preparations | 601 out of 966 | 38th |
Source: SEC filing on March 27, 2023.
Patel's colleagues
We found two more compensation records of executives who worked with Mahesh V. Patel at Lipocine in 2022.