DETROIT, March 6 Ford Motor Co Chief
Executive Alan Mulally was awarded performance bonuses worth
$13.8 million for 2013, the No. 2 U.S. automaker disclosed to
U.S. regulators on Thursday.
The amount Mulally makes from the restricted stock he
received depends on its value on the day he sells it. The shares
were worth $13.83 million based on Thursday's closing price of
Mulally now owns Ford common stock worth $96.9 million at
Thursday's closing price.
His 2013 restricted stock award is 882,352 shares that
convert to common stock on March 4, 2016, according to a Ford
filing with the U.S. Securities and Exchange Commission.