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Related Parties (Tables)
 12 Months Ended
Dec. 31, 2021
Disclosure of transactions between related parties [abstract]  
Subsidiaries and Other Related Parties

  

Loans


  

Assets


  

Liabilities


Química da Bahia Indústria e Comércio S.A. (1)

-


  

2,875


Others (1)

490


  

659


Total as of December 31, 2021

490


  

3,534



  

Loans


  

Assets


  

Liabilities


Química da Bahia Indústria e Comércio S.A. (1) 

-


  

2,875


Routeasy Serviços de Assessoria Logística Ltda.(2)

2,334


  

-


Others (1)

490


  

836


Total as of December 31, 2020

2,824


  

3,711



(1)
Loans contracted have indefinite terms and do not contain remuneration clauses.
(2)
The loan contracted has a term of 36 months, can be extended by mutual agreement between the parties, being remunerated by the DI plus 3% p.a.


  

Commercial transactions


  

Receivables


  

Payables


  

Sales and services


  

Purchases


Refinaria de Petróleo Riograndense S.A.

-


  

90,761


  

-


  

619,785


União Vopak Armazéns Gerais Ltda.

57


  

-


  

1,402


  

-


Chevron (Thailand) Limited

204


  

-


  

675


  

1,072


Chevron Lubricants Lanka PLC

-


  

-


  

164


  

-


Chevron Lubricants Oils S.A.

319


  

-


  

786


  

-


Chevron Marine Products

3,663


  

-


  

24,583


  

-


Chevron Oronite Brasil LTDA.

-


  

53,378


  

78


  

150,878


Chevron Products Company

-


  

158,557


  

-


  

789,452


Chevron Belgium NV

-


  

821


  

-


  

7,520


Chevron Petroleum CO Colombia          

214


  

-


  

392


  

-


Total as of December 31, 2021

4,457


  

303,517


  

28,080


  

1,568,707



  

Commercial transactions


  

Receivables


  

Right-of-use assets (1)

  

Payables


  

Leases payable (1)

  

Sales and services


  

Purchases


  

Expenses


Oxicap Indústria de Gases Ltda.

-


  

-


  

1,772


  

-


  

471


  

19,077


  

-


Refinaria de Petróleo Riograndense S.A.

-


  

-


  

65,215


  

-


  

-


  

314,587


  

-


ConectCar Soluções de Mobilidade Eletrônica S.A.

151


  

-


  

104


  

-


  

3,062


  

154


  

-


LA’7 Participações e Empreend. Imob. Ltda. (a)

-


  

8,635


  

-


  

8,044


  

-


  

-


  

1,613


Chevron (Thailand) Limited

166


  

-


  

6


  

-


  

-


  

759


  

-


Chevron Brasil Oleos Basicos LTDA

-


  

-


  

6


  

-


  

-


  

-


  

-


Chevron Latin America Marketing LLC

118


  

-


  

-


  

-


  

-


  

-


  

-


Chevron Lubricants Lanka PLC

3


  

-


  

-


  

-


  

-


  

-


  

-


Chevron Lubricants Oils S.A.

823


  

-


  

-


  

-


  

-


  

-


  

-


Chevron Marine Products

1,873


  

-


  

-


  

-


  

-


  

-


  

-


Chevron Oronite Brasil LTDA.

-


  

-


  

37,482


  

-


  

-


  

108,198


  

-


Chevron Products Company

-


  

-


  

87,754


  

-


  

-


  

247,578


  

-


Chevron Belgium NV

-


  

-


  

785


  

-


  

-


  

6,707


  

-


Chevron Petroleum CO Colombia

1


  

-


  

-


  

-


  

-


  

-


  

-


Total as of December 31, 2020

3,135


  

8,635


  

193,124


  

8,044


  

3,533


  

697,060


  

1,613



  

Commercial transactions


  

Receivables (1)
Payables (1)

Other payables

Sales and services


  

Purchases


  

Expenses


Oxicap Indústria de Gases Ltda.

-
1,545

-

1


  

18,565


  

-


Refinaria de Petróleo Riograndense S.A.

-
264,602

-

-


  

1,019,108


  

-


ConectCar Soluções de Mobilidade Eletrônica S.A.

739
113

-

7,385


  

121


  

-


LA’7 Participações e Empreend. Imob. Ltda. (a)

-
124

-

-


  

-


  

1,477


Chevron (Thailand) Limited

1,333
5,177

-

-


  

90,912


  

-


Chevron Brasil Oleos Basicos LTDA

-
-

6

-


  

6,336


  

-


Chevron Latin America Marketing LLC

86
6

-

13


  

506


  

-


Chevron Lubricants Lanka PLC

-
-

285

-


  

-


  

-


Chevron Lubricants Oils S.A.

58
-

-

42


  

-


  

-


Chevron Marine Products

506
-

-

104


  

-


  

-


Chevron Oronite Brasil LTDA.

1,193
-

-

345


  

-


  

-


Chevron Products Company

-
16,302

-

-


  

212,915


  

-


Chevron Belgium NV

-
2,119

-

-


  

15,019


  

-


Chevron Petroleum CO Colombia

-
-

7

30


  

-


  

-


Total as of December 31, 2019

3,915
289,988

298

7,920


  

1,363,482


  

1,477



(1)
Included in “right-of-use assets” and “leases payable”, respectively.
(a)
Refers to rental contracts of 15 drugstores owned by LA’7 as of December 31, 2020, a company of the former shareholders of Extrafarma that are current shareholders of Ultrapar.
Expenses for Compensation of its Key Executives

The expenses for compensation of its key executives (Company’s directors and executive officers) as shown below:


  

2021


  

2020


  

2019


Short-term compensation

47,003


  

47,936


  

41,659


Stock compensation

15,778


  

4,786


  

9,881


Post-employment benefits

2,737


  

2,866


  

2,640


Termination benefits

5,637


  

-


  

-


Total

71,155


  

55,588


  

54,180



Shares Granted

The table below summarizes shares granted to the Company and its subsidiaries’ management:


Grant date

Balance of number of shares granted



Vesting period



Market price of shares on the grant date (in R$ per share)



Total grant costs, including taxes


  

Accumulated recognized grant costs


  

Accumulated unrecognized grant costs


March 4, 2016

133,332



2022 to 2023



32.72



9,025


  

(8,440

)

  

585


December 10, 2014

-



2021



25.32



19,557


  

(19,557

)

  

-  


March 5, 2014

-



2021



26.08



5,999


  

(5,999

)

  

-  


  

133,332



  



  



34,581


  

(33,996

)

  

585


Changes of Number of Shares Granted

The table below summarizes the changes of number of shares granted:


Balance on December 31, 2019

  

1,224,524



Cancellation of granted shares due to termination of executive employment

  

(200,000

)

Shares vested and transferred

  

(322,264

)

Balance on December 31, 2020

  

702,260



Shares vested and transferred

  

(448,930

)

Reclassification to assets held for sale

  

(119,998

)

Balance on December 31, 2021

  

133,332



Restricted Stock Program

The table below summarizes the restricted and performance stock programs:


Program

Grant date

Balance of number of shares granted



Vesting period



Market price of shares on the grant date (in R$ per share)



Total grant costs, including taxes


  

Accumulated recognized grant costs

  


Accumulated unrecognized grant costs


Restricted

October 1, 2017

240,000



2023



38.19



9,293


  

(9,293

)

-


Restricted

November 8, 2017

4,596



2022



38.19



1,018


  

(994

)

24


Restricted

April 4, 2018

31,220



2022 to 2023



34.35



3,013


  

(2,902

)

111


Performance

April 4, 2018

5,550



2022 to 2023



34.35



356


  

(267

)

89


Restricted

September 19, 2018

80,000



2024



19.58



1,020


  

(1,020

)

-


Restricted

September 24, 2018

80,000



2024



18.40



3,170


  

(1,250

)

1,920


Restricted

April 3, 2019

176,814



2022 to 2024



23.25



7,004


  

(5,479

)

1,525


Performance

April 3, 2019

83,412



2022 to 2024



23.25



3,587


  

(2,212

)

1,375


Restricted

September 2, 2019

440,000



2025



16.42



9,965


  

(3,875

)

6,090


Restricted

April 1, 2020

290,082



2023 to 2025



12.53



5,668


  

(3,135

)

2,533


Performance

April 1, 2020

238,188



2023 to 2025



12.53



5,494


  

(2,960

)

2,534


Restricted

September 16, 2020

700,000



2026



23.03



13,259


  

(5,847

)

7,412


Restricted

April 7, 2021

522,716



2024



20.85



17,985


  

(5,141

)

12,844


Performance

April 7, 2021

522,716



2024



20.85



17,985


  

(5,141

)

12,844


Restricted

September 22, 2021

1,000,000



2027



14.17



19,547


  

(1,087

)

18,460


  

  

4,415,294



  



  



118,364


  

(50,603

)

67,761


Summarized Changes of Number of Restricted and Performance Shares Granted

Balance on December 31, 2019

  

1,738,660


Shares granted on April 1, 2020

  

877,788


Shares granted on September 16, 2020

  

700,000


Cancellation of granted shares due to termination of executive employment

  

(353,294

)

Cancellation of performance shares

  

(52,992

)

Balance on December 31, 2020

  

2,910,162


Shares granted on April 7, 2021

  

1,386,504


Shares granted on September 22, 2021

  

1,000,000


Performance shares (i)

  

(133,326

)

Cancellation of granted shares due to termination of executive employment

  

(133,186

)

Reclassification to assets held for sale

  

(614,860

)

Balance on December 31, 2021

  

4,415,294