Form 4 for BUR Burford Capital Ltd
Accepted 2025-04-10 00:00:00 ET · period of report 2025-04-08 · accession 0001714174-25-000088 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-10 | 2025-04-08 | BUR | Will Aviva O. | Pres | F - Tax | $11.92 | -632 | 311.0K | -0.2% | -$7,533 |
| DM | 2025-04-10 | 2025-04-08 | BUR | Will Aviva O. | Pres | M - OptEx | $0.00 | -26.9K | 125.8K | -18% | $0 |
| DM | 2025-04-10 | 2025-04-08 | BUR | Will Aviva O. | Pres | A - Grant | $0.00 | +26.2K | 138.9K | +23% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary shares, no par value ("Ordinary Shares") | 2025-04-08 | F | D | 632 | $11.92 | 310,979 | D | — | — | (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"). |
| 2 | Derivative | RSUs | 2025-04-08 | M | D | 13,441 | $0.00 | 126,110.70 | D | — · — to — | 13,441 Ordinary Shares | (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"). |
| 3 | Derivative | PSUs | 2025-04-08 | M | D | 13,441 | $0.00 | 125,794.70 | D | — · — to — | 13,441 Ordinary Shares | (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. |
| 4 | Derivative | Phantom RSUs | 2025-04-08 | A | A | 13,125 | $0.00 | 139,235.70 | D | — · — to — | 13,125 Ordinary Shares | (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. |
| 5 | Derivative | Phantom RSUs | 2025-04-08 | A | A | 13,125 | $0.00 | 138,919.70 | D | — · — to — | 13,125 Ordinary Shares | (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. |