XML 87 R61.htm IDEA: XBRL DOCUMENT v3.21.1
SHARE-BASED COMPENSATION PLAN (Tables)
12 Months Ended
Dec. 31, 2020
SHARE-BASED COMPENSATION PLAN  
Schedule of changes in phantom shares options

 

 

 

 

 

 

 

 

  

December 31,

  

December 31,

  

December 31,

 

    

2020

    

2019

    

2018

 

 

Number of shares

Beginning balance

 

5,996,437

 

5,045,357

 

5,055,519

Granted during of the year

 

1,770,384

 

2,413,038

 

1,415,476

Exercised (1)

 

(1,789,413)

 

(827,065)

 

(751,859)

Exercised due to resignation (1)

 

(21,253)

 

(106,983)

 

(153,601)

Abandoned / prescribed due to resignation

 

(183,799)

 

(527,910)

 

(520,178)

Ending balance

 

5,772,356

 

5,996,437

 

5,045,357


1)

The average price for share options exercised and exercised due to termination of employment, for  the year ended December 31, 2020 was R$43.14 (forty-three Brazilian Reais and fourteen cents) (R$31.75 (thirty-one Brazilian Reais and seventy-five cents) as of December 31, 2019).

Schedule of outstanding phantom shares option plans

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

 

Quantity of

 

    

 

    

 

 

Fair value on

    

outstanding

Plan

  

Grant date

  

Exercise date

  

grant  date (1)

  

options granted

SAR 2016

 

April 1, 2016

 

April 1, 2021

 

R$15.96

 

6,972

PLUS 2016

 

April 1, 2016

 

April 1, 2021

 

R$15.96

 

4,177

SAR 2017

 

April 3, 2017

 

April 3, 2022

 

R$13.30

 

121,555

PLUS 2017

 

April 3, 2017

 

April 3, 2022

 

R$13.30

 

25,061

ILP 2017 - 48

 

April 3, 2017

 

April 3, 2021

 

R$13.30

 

304,512

ILP 2017 - 60

 

April 3, 2017

 

April 3, 2022

 

R$13.30

 

304,512

Deferral 2017

 

March 1, 2018

 

March 1, 2021

 

R$19.88

 

162,887

Deferral 2017

 

March 1, 2018

 

March 1, 2022

 

R$19.88

 

162,887

SAR 2018

 

April 2, 2018

 

April 2, 2023

 

R$21.45

 

677,627

PLUS 2018

 

April 2, 2018

 

April 2, 2023

 

R$21.45

 

74,592

ILP 2019 - 24

 

March 1, 2019

 

March 1, 2024

 

R$41.10

 

520,000

ILP 2019 - 36

 

March 1, 2019

 

March 1, 2024

 

R$41.10

 

520,000

Deferral 2018

 

March 1, 2019

 

March 1, 2022

 

R$41.10

 

88,632

Deferral 2018

 

March 1, 2019

 

March 1, 2023

 

R$41.10

 

88,632

ILP 2019 - 36 H

 

March 25, 2019

 

March 25, 2024

 

R$42.19

 

7,500

ILP 2019 - 48 H

 

March 25, 2019

 

March 25, 2024

 

R$42.19

 

7,500

ILP 2019 - 24 Apr

 

01/ April, 2019

 

01/ April, 2024

 

R$42.81

 

20,000

ILP 2019 - 36 Apr

 

01/ April, 2019

 

01/ April, 2024

 

R$42.81

 

20,000

SAR 2019

 

01/ April, 2019

 

01/ April, 2024

 

R$42.81

 

747,848

PLUS 2019

 

01/ April, 2019

 

01/ April, 2024

 

R$42.81

 

15,572

ILP - Retention 2019 - 24

 

October 1, 2019

 

October 1, 2021

 

R$31.86

 

93,518

ILP 2019 - 24 Oct

 

October 1, 2019

 

October 1, 2021

 

R$31.75

 

7,800

ILP 2019 - 36 Oct

 

October 1, 2019

 

October 1, 2022

 

R$31.75

 

19,500

ILP 2019 - 48 Oct

 

October 1, 2019

 

October 1, 2023

 

R$31.75

 

11,700

ILP 2020 - 36 Apr

 

April 1, 2020

 

April 1, 2023

 

R$38.50

 

43,705

ILP 2020 - 12 Apr

 

April 1, 2020

 

April 1, 2021

 

R$38.50

 

25,500

ILP 2020 - 24 Apr

 

April 1, 2020

 

April 1, 2022

 

R$38.50

 

21,250

SAR 2020

 

April 1, 2020

 

April 1, 2025

 

R$38.50

 

729,421

ILP 2020 - 36 Apr

 

April 1, 2020

 

April 1, 2023

 

R$38.50

 

38,961

ILP 2020 - 12 Jul

 

July 1, 2020

 

July 1, 2021

 

R$37.74

 

1,060

ILP 2020- 48 Condition A

 

May 1, 2020

 

April 30, 2024

 

R$38.34

 

595,000

ILP 2020- 48 Condition B

 

May 1, 2020

 

April 30, 2024

 

R$38.34

 

127,500

ILP 2020- 48 Condition C

 

May 1, 2020

 

April 30, 2024

 

R$38.34

 

127,500

ILP - Retention 2020 - 36 Oct 1

 

October 1, 2020

 

October 1, 2023

 

R$38.79

 

36,650

ILP - Retention 2020 - 36 Oct 2

 

October 1, 2020

 

October 1, 2023

 

R$43.14

 

5,871

ILP Hiring/Retention Bonus 2020 - 36 Oct

 

October 1, 2020

 

October 1, 2023

 

R$43.14

 

6,954

 

 

 

 

 

 

 

 

5,772,356


(1)

Amounts expressed in Reais.

 

Summary of activity for common stock options

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

  

Deadline for the

 

  

 

  

 

  

 

 

 

 

 

options to become

 

Price on

 

Shares

 

Restricted year for

Program

    

Date of grant

    

exercisable

    

grant date

    

Granted

    

transfer of shares

Program 4

 

01/02/2018

 

01/02/2019

 

R$

39.10

 

130,435

 

01/02/2022

 

Schedule of amounts corresponding to services received and recognized

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities and equity

 

Income statement

 

 

December 31,

 

December 31,

 

December 31,

 

December 31,

 

December 31,

 

    

2020

    

2019

    

2020

    

2019

    

2018

Non-current liabilities

 

   

 

   

 

   

 

   

 

   

Provision for phantom stock plan

 

195,135

 

136,505

 

(151,985)

 

(46,389)

 

(126,439)

Shareholders' equity

 

 

 

 

 

 

 

 

 

 

Stock option granted

 

10,612

 

5,979

 

(4,632)

 

(879)

 

(5,170)

Total general and administrative expenses from share-based transactions

 

 

 

 

 

(156,617)

 

(47,268)

 

(131,609)