Mahesh V. Patel
2013
In 2013, Mahesh V. Patel earned a total compensation of $935K as President, Chief Executive Officer and Chairman of the Board of Directors at Lipocine.
Compensation breakdown
| Bonus | $175,000 |
|---|---|
| Option Awards | $356,951 |
| Salary | $320,000 |
| Stock Awards | $81,000 |
| Other | $2,033 |
| Total | $934,984 |
Patel received $357K in option awards, accounting for 38% of the total pay in 2013.
Patel also received $175K in bonus, $320K in salary, $81K in stock awards and $2K in other compensation.
Rankings
In 2013, Mahesh V. Patel's compensation ranked 6,931st out of 12,286 executives tracked by ExecPay. In other words, Patel earned more than 43.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,931 out of 12,286 | 44th |
Division Manufacturing | 2,456 out of 4,612 | 47th |
Major group Chemicals And Allied Products | 741 out of 1,462 | 49th |
Industry group Drugs | 547 out of 1,156 | 53rd |
Industry Pharmaceutical Preparations | 436 out of 890 | 51st |
Source: SEC filing on April 20, 2015.
Patel's colleagues
We found two more compensation records of executives who worked with Mahesh V. Patel at Lipocine in 2013.