GERDAU S.A. | CIK:0001073404 | 3

  • Filed: 4/3/2018
  • Entity registrant name: GERDAU S.A. (CIK: 0001073404)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1073404/000110465918022121/0001104659-18-022121-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1073404/000110465918022121/ggb-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001073404
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  • ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory

     

     

    2017

     

     

     

    Number of
    shares

     

    Weighted
    exercise price

     

     

     

     

     

    R$

     

    Balance as of January 1, 2015

     

    1,564,341

     

    19.53

     

     

     

     

     

     

     

    Options Forfeited

     

    (1,130,091

    )

    19.56

     

    Others

     

    112,420

     

     

     

     

     

     

     

     

    Balance as of December 31, 2015

     

    546,670

     

    18.36

     

     

     

     

     

     

     

    Options Forfeited

     

    (148,491

    )

    20.49

     

     

     

     

     

     

     

    Balance as of December 31, 2016

     

    398,179

     

    16.64

     

     

     

     

     

     

     

    Options Forfeited

     

    (217,819

    )

    15.11

     

     

     

     

     

     

     

    Balance as of December 31, 2017

     

    180,360

     

    17.91

     

     

     

     

     

     

     

     

     

     

     

    2017

     

    2016

     

    Available at beginning of the year

     

    4,831,999

     

    1,669,557

     

    Granted

     

    1,353,930

     

    3,399,729

     

    Exercised

     

    (240,619

    )

    (237,287

    )

    Forfeited

     

     

     

     

     

     

     

     

     

     

    Available at the end of the year

     

    5,945,310

     

    4,831,999