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SHARE-BASED PAYMENT (Tables)
12 Months Ended
Dec. 31, 2022
Share-based Payment  
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
     
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.