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SHARE-BASED COMPENSATION PLAN (Tables)
12 Months Ended
Dec. 31, 2022
SHARE-BASED COMPENSATION PLAN  
Schedule of changes in long term compensation plans

December 31,

December 31,

December 31,

    

2022

    

2021

    

2020

Number of shares

Opening balance

5,415,754

5,772,356

5,996,437

Granted during of the year

4,152,200

1,906,343

1,770,384

Exercised (1)

(1,474,506)

(1,860,334)

(1,789,413)

Exercised due to resignation (1)

(175,552)

(86,196)

(21,253)

Abandoned / cancelled due to resignation

(334,711)

(316,415)

(183,799)

Closing balance

7,583,185

5,415,754

5,772,356

1)The average price of the share options exercised and exercised due to termination of employment, for the year ended December 31, 2022 was R$48.79 (forty eight Reais and seventy nine cents) ((R$60.30 (sixty Brazilian Reais and thirty cents) as at December 31, 2021).
Schedule of outstanding phantom shares option plans

On December 31, 2022, the consolidated outstanding phantom shares option plans are as set out below:

December 31, 2022

Quantity of

    

    

Fair value on

    

outstanding options

Plan

Grant date

Exercise date

grant date (1)

granted

Deferral 2018

03/01/2019

03/01/2023

R$

41.10

74,101

Deferral 2020

03/01/2021

03/01/2024

R$

57.88

280,408

Deferral 2020

03/01/2021

03/03/2025

R$

57.88

280,408

Deferral 2021 36

03/01/2022

03/01/2025

R$

56.52

675,021

Deferral 2021 48

03/01/2022

03/01/2026

R$

56.52

164,951

ILP - Retention 2020 - 36 Oct

10/01/2020

10/01/2023

R$

38.79

33,289

ILP - Retention 2021 - 36 Oct

10/01/2021

10/01/2024

R$

58.05

2,524

ILP 2019 – 48 H

03/25/2019

03/25/2024

R$

42.19

7,857

ILP 2019 - 48 Oct

10/01/2019

10/01/2023

R$

31.75

12,258

ILP 2020 - 36 Apr

04/01/2020

04/01/2023

R$

38.50

46,531

ILP 2020- 48 Condition A

05/01/2020

04/30/2024

R$

38.34

623,380

ILP 2020- 48 Condition B

05/01/2020

04/30/2024

R$

38.34

133,581

ILP 2020- 48 Condition C

05/01/2020

04/30/2024

R$

38.34

133,581

ILP 2021 - 24

03/01/2021

03/01/2023

R$

56.10

6,285

ILP 2021 - 36

03/01/2021

03/01/2024

R$

56.10

6,285

ILP 2021 - Apr.23_24

12/16/2021

04/03/2023

R$

54.81

10,511

ILP 2021 - Apr.23_24

12/16/2021

04/01/2024

R$

54.81

10,511

ILP 2021 – 24 May

05/01/2021

05/01/2023

R$

67.91

654

ILP 2021 36 - Apr

04/01/2021

04/01/2024

R$

64.12

220,007

ILP 2021 -36 May

05/01/2021

05/01/2024

R$

67.91

1,177

ILP 2021 - 48

04/01/2021

04/01/2025

R$

64.12

220,007

ILP Hiring/Retention Bonus 2020 - 36 Oct

10/01/2020

10/01/2023

R$

43.14

7,285

ILP Retention 2020 - Premium

10/01/2020

10/01/2023

R$

43.14

4,796

ILP Retention 2021 - August

08/02/2021

08/01/2024

R$

63.73

3,969

ILP Retention 2021 - July

07/01/2021

07/01/2024

R$

67.72

8,516

PLUS 2019

04/01/2019

04/01/2024

R$

42.81

5,705

SAR 2018

04/02/2018

04/02/2023

R$

21.45

4,511

SAR 2019

04/01/2019

04/01/2024

R$

42.81

153,725

SAR 2020

04/01/2020

04/01/2025

R$

38.50

661,714

SAR 2021

04/01/2021

04/01/2026

R$

64.12

747,249

SAR 2022

04/01/2022

04/01/2027

R$

58.64

1,775,750

ILP Retention 2022

01/17/2022

01/17/2025

R$

55.18

22,700

ILP Retention 2022

01/17/2022

01/17/2026

R$

55.18

22,700

ILP Retention 2022

01/17/2022

01/17/2027

R$

55.18

22,699

ILP Retention 2022

04/01/2022

04/01/2025

R$

58.64

29,490

ILP Retention 2022

04/01/2022

04/01/2024

R$

58.64

13,238

ILP Retention 2022

06/02/2022

06/02/2023

R$

55.43

1,866

ILP Retention 2022

06/02/2022

06/02/2024

R$

55.43

1,866

ILP Retention 2022

06/02/2022

06/02/2025

R$

55.43

1,923

ILP Retention 2022

08/01/2022

08/01/2025

R$

51.00

3,832

ILP Retention 2022

10/01/2022

04/01/2026

R$

47.71

148,687

ILP Retention 2022

10/01/2022

04/01/2027

R$

47.71

43,918

ILP Retention 2022 - Executive

04/01/2022

04/01/2025

R$

58.64

953,719

7,583,185

(1)Amounts expressed in Reais.

Summary of activity for common stock options

Date of

execution of

Price on

Shares

Restricted year for

Program

    

the contract

    

Grant date

    

grant date

    

Granted

    

transfer of shares

2020

01/02/2020

01/02/2021

R$

51.70

106,601

01/02/2024

2021

01/02/2021

01/02/2022

R$

53.81

108,010

01/02/2025

2022

01/02/2022

02/01/2023

R$

52.00

102,600

01/02/2026

317,211

Schedule of amounts corresponding to services received and recognized

Liabilities and Equity

Statement of income and Equity

December 31,

December 31,

December 31,

December 31,

December 31,

    

2022

    

2021

    

2022

    

2021

    

2020

Non-current liabilities

Provision for phantom stock plan

162,117

166,998

(75,542)

(94,897)

(151,985)

Equity

Stock options granted

20,790

15,455

(5,335)

(4,843)

(4,633)

Shares granted

(2,365)

2,365

18,425

15,455

(2,970)

(4,843)

(4,633)

(78,512)

(99,740)

(156,618)