Aviva O. Will - Apr 8, 2025 Form 4 Insider Report for Burford Capital Ltd (BUR)

Role
President
Signature
/s/ Mark N. Klein, as attorney-in-fact
Stock symbol
BUR
Transactions as of
Apr 8, 2025
Transactions value $
-$7,533
Form type
4
Date filed
4/10/2025, 07:04 AM
Previous filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BUR Ordinary shares, no par value ("Ordinary Shares") Tax liability -$7.53K -632 -0.2% $11.92 311K Apr 8, 2025 Direct F1

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 RSUs Options Exercise $0 -13.4K -9.63% $0.00 126K Apr 8, 2025 Ordinary Shares 13.4K Direct F2
transaction BUR Phantom RSUs Award $0 +13.1K +10.41% $0.00 139K Apr 8, 2025 Ordinary Shares 13.1K Direct F3
transaction BUR PSUs Options Exercise $0 -13.4K -9.65% $0.00 126K Apr 8, 2025 Ordinary Shares 13.4K Direct F4
transaction BUR Phantom RSUs Award $0 +13.1K +10.43% $0.00 139K Apr 8, 2025 Ordinary Shares 13.1K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents satisfaction of tax withholding obligations by net settlement of Ordinary Shares upon vesting of restricted share units ("RSUs") and performance-based RSUs ("PSUs").
F2 Represents vesting of an award of RSUs granted on April 5, 2022 that vested in full on the third anniversary of the grant date. The reporting person has elected to defer receipt of 100% of Ordinary Shares deliverable upon vesting of the RSUs pursuant to the Burford Capital Deferred Compensation Plan (the "NQDC Plan"), resulting in the reporting person's receipt of 13,125 phantom RSUs ("Phantom RSUs").
F3 Represents the conversion of 13,125 RSUs into Phantom RSUs, on a one-for-one basis, under the NQDC Plan. Each Phantom RSU represents a contingent right to receive the economic equivalent of one Ordinary Share, which may be settled in Ordinary Shares or paid in cash in accordance with the terms of the NQDC Plan.
F4 Represents vesting of an award of PSUs granted on April 5, 2022 that vested in full on the third anniversary of the grant date upon achievement of the applicable performance conditions. The reporting person has elected to defer receipt of 100% of Ordinary Shares deliverable upon vesting of the PSUs pursuant to the NQDC Plan, resulting in the reporting person's receipt of 13,125 Phantom RSUs.
F5 Represents the conversion of 13,125 PSUs into Phantom RSUs, on a one-for-one basis, under the NQDC Plan. Each Phantom RSU represents a contingent right to receive the economic equivalent of one Ordinary Share, which may be settled in Ordinary Shares or paid in cash in accordance with the terms of the NQDC Plan.