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SHARE-BASED PAYMENT (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-based Payment |
The breakdown of the outstanding shares granted |
The breakdown of the outstanding shares granted |  |  |  |  |  |  |  |
Date |  | Quantity |  | Grant (1)
Grant |  | Vesting date |  | Shares granted |  | Outstanding shares |  | Fair value of the shares
06.01.20 |  | 06.01.23 |  | 3,571,736 |  | 438,138 |  | 21.28
07.01.21 |  | 07.01.24 |  | 2,883,737 |  | 938,260 |  | 28.58
07.01.22 |  | 07.01.25 |  | 4,703,472 |  | 3,756,134 |  | 14.11
|  |  |  | 11,158,945 |  | 5,132,532 |  |
| (1) | Amounts expressed in Brazilian Reais.
The rollforward of the granted options and shares |
The rollforward of the granted options and shares |  |
Outstanding options/stocks as of December 31, 2020 |  | 7,873,348
Granted |  | 2,883,737
Exercised / Delivered |  | (944,830)
Forfeiture |  | (1,996,406)
Expired |  | (2,420,330)
Outstanding stocks as of December 31, 2021 |  | 5,395,519
Granted |  |
Restricted stocks - July 2022 |  | 4,703,472
Exercised / Delivered: |  |
Restricted stocks – grant of June, 2021 |  | (189,285)
Restricted stocks – grant of June, 2020 |  | (317,386)
Restricted stocks – grant of July, 2019 |  | (83,175)
Restricted stocks – grant of June, 2019 |  | (107,309)
Forfeiture (1) : |  |
Restricted stocks – grant of July, 2022 |  | (947,335)
Restricted stocks – grant of July, 2021 |  | (1,554,424)
Restricted stocks – grant of June, 2020 |  | (1,425,333)
Restricted stocks – grant of September, 2019 |  | (22,867)
Restricted stocks - grant of July, 2019 |  | (237,142)
Restricted stocks – grant of June, 2019 |  | (82,203)
Outstanding stocks as of December 31, 2022 |  | 5,132,532
| (1) | The forfeitures are related to the resignation of eligible executive before the end of the vesting period.

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- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2022-03-24 -Paragraph 45 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_45_b&doctype=Standard -URIDate 2022-03-24 + Details
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