March 7 (Bloomberg) -- Ford Motor Co. awarded Chief ExecutiveOfficer Alan Mulally $13.8 million in stock for the automaker’sperformance last year when its profits grew in North America andsales picked up speed in China.

Ford also gave its top executive 613,747 stock options as partof an incentive plan for 2013, according to a filing yesterday withthe U.S. Securities and Exchange Commission. Mulally is restrictedfrom selling the 882,352 shares of stock until March 4, 2016. Theoptions, with a strike price of $15.37, vest in thirds annuallyover the next three years.

The second-largest U.S. automaker earned $7.16 billion in 2013and its shares climbed 19 percent, trailing a 30 percent jump forthe Standard & Poor’s 500 Index and a 42 percent gain forGeneral Motors Co.

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