Mahesh V. Patel
2016
In 2016, Mahesh V. Patel earned a total compensation of $2.3M as President, Chief Executive Officer and Chairman of the Board of Directors at Lipocine, a 313% increase compared to previous year.
Compensation breakdown
| Bonus | $191,000 |
|---|---|
| Option Awards | $1,631,850 |
| Salary | $435,000 |
| Other | $12,702 |
| Total | $2,270,552 |
Patel received $1.6M in option awards, accounting for 72% of the total pay in 2016.
Patel also received $191K in bonus, $435K in salary and $12.7K in other compensation.
Rankings
In 2016, Mahesh V. Patel's compensation ranked 4,328th out of 14,075 executives tracked by ExecPay. In other words, Patel earned more than 69.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 4,328 out of 14,075 | 69th |
Division Manufacturing | 1,519 out of 5,489 | 72nd |
Major group Chemicals And Allied Products | 456 out of 1,895 | 76th |
Industry group Drugs | 331 out of 1,538 | 79th |
Industry Pharmaceutical Preparations | 259 out of 1,176 | 78th |
Source: SEC filing on April 28, 2017.
Patel's colleagues
We found four more compensation records of executives who worked with Mahesh V. Patel at Lipocine in 2016.