The number of shares and restricted shares of the Company’s programs are as follows:
| Number of shares |
||||
|
At December 31, 2016 |
1,522,220 | |||
|
Granted |
2,384,080 | |||
|
Cancellation or settlements |
(318,550 | ) | ||
|
|
|
|||
|
At December 31, 2017 |
3,587,750 | |||
|
|
|
|||