Christopher P. Bogart - Mar 6, 2025 Form 4 Insider Report for Burford Capital Ltd (BUR)

Signature
/s/ Mark N. Klein, as attorney-in-fact
Stock symbol
BUR
Transactions as of
Mar 6, 2025
Transactions value $
$11,493,369
Form type
4
Date filed
3/10/2025, 09:36 PM
Previous filing
Jan 30, 2025
Next filing
Apr 10, 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BUR Phantom RSUs Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $9.94M +725K +69.92% $13.71 1.76M Mar 6, 2025 Ordinary Shares 725K Direct F1, F2
transaction BUR Phantom RSUs Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $1.55M +115K +6.52% $13.47 1.88M Mar 7, 2025 Ordinary Shares 115K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a purchase of 544,011.6 phantom restricted share units ("Phantom RSUs") by Mr. Bogart under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by Burford Capital Limited (the "Company") of 181,338.0 Phantom RSUs, which vest on March 6, 2027, in accordance with the NQDC Plan, subject to Mr. Bogart's continued employment through such date. Each Phantom RSU represents a contingent right to receive the economic equivalent of one ordinary share, no par value, of the Company ("Ordinary Share"), which may be paid in cash or Ordinary Shares in accordance with the terms of the NQDC Plan.
F2 The transactions reported in this Form 4 do not include transactions made and reported separately by Elizabeth O'Connell, the reporting person's spouse, who is also an executive officer of the Company.
F3 Represents a purchase of 86,237.4 Phantom RSUs by Mr. Bogart under the NQDC Plan and a matching contribution by the Company of 28,746.0 Phantom RSUs, which vest on March 6, 2027, in accordance with the NQDC Plan, subject to Mr. Bogart's continued employment through such date. Each Phantom RSU represents a contingent right to receive the economic equivalent of one Ordinary Share, which may be paid in cash or Ordinary Shares in accordance with the terms of the NQDC Plan.