SEC Filing Summary for BRAZILIAN ELECTRIC POWER CO
This filing details the ownership of securities by Elio Gil de Meirelles Wolff, Executive Vice-President of Strategy and Business Development at BRAZILIAN ELECTRIC POWER CO. The report indicates direct ownership of 12,945 Common Shares and 11,905 Restricted Stock Units (RSUs). It also outlines derivative holdings, including Class "C" Preferred Shares convertible into Common Shares and Stock Options with an exercise price of R$42.00. The Class "C" Preferred Shares are scheduled for automatic conversion into Common Shares between 2026 and 2031. Stock options have varying vesting schedules, with some vesting over three years and the remainder over four and five years post-grant. Vested options must be exercised within 120 days, after which they lapse. A 180-day lock-up period applies post-exercise.