XML 56 R33.htm IDEA: XBRL DOCUMENT
v3.21.1

LONG-TERM INCENTIVE PLANS | 12 Months Ended
--- | ---
Dec. 31, 2020
LONG-TERM INCENTIVE PLANS |
LONG-TERM INCENTIVE PLANS | NOTE 27 — LONG-TERM INCENTIVE PLANS
| a) |  | Quantity Summary of Restricted Shares 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
The Company recognizes the cost of the long-term incentive plan through Restricted Shares and Performance Shares based on the fair value of the options granted on the grant date during the vesting period of each grant. The grace period for the year is 3 years for grants made as from 2017 and 5 years for grants made up to 2016. The costs with long-term incentive plans recognized in the income statement on December 31, 2020 were R$ 62,801 (R$ 43,895 and R$ 41,186 on December 31, 2019 and 2018, respectively). As of December 31, 2020, the Company has a total of 16,799,758 preferred shares in treasury and, according to note 24, these shares may be used for serving this plan. b) Stock Options Plan:
|  | 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

X
- Definition The entire disclosure for share-based payment arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2020-01-01 -Paragraph 44 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2020-en-r&anchor=para_44&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration