The fair value of virtual shares is determined based on the average price (weighted by trading volume) of the Company’s shares (EMBR3-R$) for the last 10 trading days prior to the close of the period, applied to the number of virtual shares assigned to each participant in proportion to the vesting period.
| Amount of virtual stock |
Grant value | Amount of virtual stock (i) |
Fair value of shares (R$) |
|||||||||||||
|
Grants on February 25, 2014 |
1,570,698 | 30.4 | 333,161 | 5,460.7 | ||||||||||||
|
Grants on March 03, 2015 |
1,237,090 | 30.2 | 446,430 | 7,317.2 | ||||||||||||
|
Grants on March 10, 2016 |
1,095,720 | 31.1 | 386,107 | 6,328.5 | ||||||||||||
|
Grants on June 09, 2016 |
55,994 | 1.1 | 20,293 | 332.6 | ||||||||||||
|
Grants on August 25, 2016 |
70,978 | 1.1 | 33,215 | 544.4 | ||||||||||||
|
Grants on August 24, 2017 |
1,925,926 | 30.5 | 476,533 | 7,810.6 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
At December 31, 2017 |
5,956,406 | 124.4 | 1,695,738 | 27,794.0 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||