Michael H. Price
2013
In 2013, Michael H. Price earned a total compensation of $602.3K as Chairman, President and Chief Executive Officer of Mercantile, and Chairman of the Board of the Bank at Mercantile Bank, a 25% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $36 |
|---|---|
| Non-Equity Incentive Plan | $94,800 |
| Salary | $474,000 |
| Other | $33,510 |
| Total | $602,346 |
Price received $474K in salary, accounting for 79% of the total pay in 2013.
Price also received $36 of change in pension value and nonqualified deferred compensation earnings, $94.8K in non-equity incentive plan and $33.5K in other compensation.
Rankings
In 2013, Michael H. Price's compensation ranked 8,703rd out of 12,286 executives tracked by ExecPay. In other words, Price earned more than 29.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,703 out of 12,286 | 29th |
Division Finance, Insurance, And Real Estate | 1,727 out of 2,693 | 36th |
Major group Depository Institutions | 488 out of 1,185 | 59th |
Industry group Commercial Banks | 417 out of 956 | 56th |
Industry State Commercial Banks | 227 out of 621 | 63rd |
Source: SEC filing on April 11, 2016.
Price's colleagues
We found two more compensation records of executives who worked with Michael H. Price at Mercantile Bank in 2013.