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CONSOLIDATED FORM

Trading activities by Administration and Related Persons - Article 11 of CVM Instruction 358/2002

In May/2014, there were no transactions with securities and derivatives, in accordance with article 11 of CVM
Instruction 358/2002.
(1)


Company Name:
Group and
Related
Persons
(X)
Controller
( ) Board of
Directors
( ) Executive
Officers
( ) Fiscal Council ( ) Technical or
Advisory Bodies
Initial Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 45,149,993 35.41% 35.41%
There were no trading activities in the period
Final Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 45,149,993 35.27% 35.27%









































CONSOLIDATED FORM
Trading activities by the Administration and Related Persons - Article 11 of CVM Instruction 358/2002

In May/2014, the following securities and derivatives were traded, in accordance with article 11 of CVM Instruction
358/2002.
(1)



Company Name:
Group and
Related
Persons
( ) Controller (X) Board of
Directors
( ) Executive
Officers
( ) Fiscal Council ( ) Technical or Advisory
Bodies
Initial Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 3,101,643 2.43% 2.43%
Transactions in the month - detail each purchase or sale transaction in the month (date, amount, price and
volume)
Security/
Derivative
Securities
Characteristics (2)
Interme
diary
Transaction Date Amount Price Volume (R$) (3)
SHARES COMMON
Lending
Transaction
5/21, 23
and 28
(348,004) 26.47
SHARES COMMON PURCHASE 5/8 and 15 11,300 25.90 292,646,00
SHARES COMMON
Lending
Transaction
Execution
5/15, 21, 22
and 27
21,254
Total (315,450) 25.67 292,646,00
Final Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 2,786,193 2.18% 2.18%

In the lending transaction the transfer of the benefits does not occur. The recorded price refers to the average
share price of the day before the lending transaction, which does not reflect the actual value received by the shareholder.
The value to be received depends on how many days the share was lent by third parties.























CONSOLIDATED FORM
Trading activities by the Administration and Related Persons - Article 11 of CVM Instruction 358/2002

In May/2014, the following securities and derivatives were traded, in accordance with article 11 of CVM Instruction
358/2002.
(1)



Company Name:
Group and
Related
Persons
( ) Controller ( ) Board of
Directors
(X) Executive
Officers
( ) Fiscal Council ( ) Technical or Advisory
Bodies
Initial Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 346,029 0.27% 0.27%
Transactions in the month - detail each purchase or sale transaction in the month (date, amount, price and
volume)
Security/
Derivative
Securities
Characteristics (2)
Interme
diary
Transaction Date Amount Price Volume (R$) (3)
SHARES COMMON
Purchase ref.
Stock Option
Plan 2010
5/15/2014 131,207 13.44 1,763,422.08
SHARES COMMON
Purchase ref.
Stock Option
Plan 2011
5/15/2014 38,799 22.20 861,337.80
SHARES COMMON
Purchase ref.
Stock Option
Plan 2012
Basic
5/15/2014 12,595 5.93 74,688.35
SHARES COMMON
Purchase ref.
Stock Option
Plan 2012
Discricionary
5/15/2014 22,000 21.03 462,660.00
SHARES COMMON
Purchase ref.
Stock Option
Plan 2013
Basic
5/15/2014 34,717 6.95 241,283.15
SHARES COMMON SALE
5/8, 9, 15,
16 and 22
(176,544) 25.23 (4,455,049.80)
Total 62,774 18.90 (1,051,658,42)
Final Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 408,803 0.32% 0.32%



















CONSOLIDATED FORM
Trading activities by the Administration and Related Persons - Article 11 of CVM Instruction 358/2002

In May/2014, there were no transactions with securities and derivatives, in accordance with article 11 of CVM
Instruction 358/2002.
(1)


Company Name:
Group and
Related
Persons
( )
Controller
( ) Board of
Directors
( ) Executive
Officers
( ) Fiscal Council (X) Technical or
Advisory Bodies
Initial Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 0 0.0% 0.0%
There were no trading activities in the period
Final Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 0 0.0% 0.0%


CONSOLIDATED FORM
Trading activities by the Administration and Related Persons - Article 11 of CVM Instruction 358/2002

In May/2014, there were no transactions with securities and derivatives, in accordance with article 11 of CVM
Instruction 358/2002.
(1)


Company Name:
Group and
Related
Persons
( )
Controller
( ) Board of
Directors
( ) Executive
Officers
(X) Fiscal Council ( ) Technical or
Advisory Bodies
Initial Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 0 0.0% 0.0%
There were no trading activities in the period
Final Balance
Security/
Derivative
Securities Characteristics (2) Amount
% interest
Same type/
Class
Total
SHARES COMMON 0 0.0% 0.0%

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