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LONG-TERM INCENTIVE PLANS (Tables)

12 Months Ended

Dec. 31, 2021

LONG-TERM INCENTIVE PLANS

Summary of changes in restricted and performance shares

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​	​	​
Balance on January 1, 2019		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
Granted		2,228,196
Cancelled		(1,755,522)
Exercised		(4,407,441)
Balance on December 31, 2021		8,534,567

Summary of stock options by exercise price

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2021

2020

2019

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Average exercise

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Average exercise

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Average exercise

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Number of shares

price in the year

Number of shares

price in the year

Number of shares

price in the year

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R$

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R$

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R$

Available at beginning of the year

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—

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—

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—

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—

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15,480

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16.72

Options Forfeited

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—

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—

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—

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(15,480)

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16.72

Available at the end of the year

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—

X

- Definition

The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options).

+ References

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- Definition

The disclosure of the range of exercise prices for outstanding share options.

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-Name IFRS
-Number 2
-IssueDate 2021-01-01
-Paragraph 45
-Subparagraph d
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