Mahesh V. Patel
2017
In 2017, Mahesh V. Patel earned a total compensation of $1.3M as President, Chief Executive Officer and Chairman of the Board of Directors at Lipocine, a 45% decrease compared to previous year.
Compensation breakdown
| Bonus | $230,985 |
|---|---|
| Option Awards | $363,021 |
| Salary | $435,000 |
| Stock Awards | $216,600 |
| Other | $13,016 |
| Total | $1,258,622 |
Patel received $435K in salary, accounting for 35% of the total pay in 2017.
Patel also received $231K in bonus, $363K in option awards, $216.6K in stock awards and $13K in other compensation.
Rankings
In 2017, Mahesh V. Patel's compensation ranked 7,872nd out of 14,666 executives tracked by ExecPay. In other words, Patel earned more than 46.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,872 out of 14,666 | 46th |
Division Manufacturing | 2,954 out of 5,772 | 49th |
Major group Chemicals And Allied Products | 964 out of 2,075 | 54th |
Industry group Drugs | 750 out of 1,731 | 57th |
Industry Pharmaceutical Preparations | 588 out of 1,333 | 56th |
Source: SEC filing on April 27, 2018.
Patel's colleagues
We found four more compensation records of executives who worked with Mahesh V. Patel at Lipocine in 2017.