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LONG-TERM INCENTIVE PLANS (Tables) | 12 Months Ended
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Dec. 31, 2020
LONG-TERM INCENTIVE PLANS |
Summary of changes in restricted and performance shares |
Balance on January 1, 2018 |  | 18,975,084
Granted |  | 2,411,345
Cancelled |  | (3,150,635)
Exercised |  | (3,974,293)
Balance on December 31, 2018 |  | 14,261,501
Granted |  | 2,647,995
Cancelled |  | (2,104,754)
Exercised |  | (1,786,335)
Balance on December 31, 2019 |  | 13,018,407
Granted |  | 3,146,696
Cancelled |  | (1,777,100)
Exercised |  | (1,918,669)
Balance on December 31, 2020 |  | 12,469,334
Summary of stock options by exercise price |
|  | 2020 |  | 2019 |  | 2018
|  |  |  | Average exercise |  |  |  | Average exercise |  |  |  | Average exercise
|  | Number of shares |  | price in the year |  | Number of shares |  | price in the year |  | Number of shares |  | price in the year
|  |  |  | R$ |  |  |  | R$ |  |  |  | R$
Available at beginning of the year |  | - |  | - |  | 15,480 |  | 16.72 |  | 292,391 |  | 17.91
Options Exercised |  | - |  | - |  | - |  | - |  | (33,499) |  | 14.86
Options Forfeited |  | - |  | - |  | (15,480) |  | 16.72 |  | (243,412) |  | 18.62
Available at the end of the year |  | - |  | - |  | - |  | - |  | 15,480 |  | 16.72

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