Molot Jonathan Todd - Jan 1, 2025 Form 3 Insider Report for Burford Capital Ltd (BUR)

Role: Chief Investment Officer
Signature: /s/ Mark N. Klein, as attorney-in-fact
Stock symbol: BUR
Transactions as of: Jan 1, 2025
Transactions value $: $0
Form type: 3
Date filed: 1/2/2025, 01:20 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BUR	Ordinary shares, no par value ("Ordinary Shares")						3.67M	Jan 1, 2025	Direct
holding	BUR	Ordinary Shares						6M	Jan 1, 2025	By LLC	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
holding	BUR	RSUs							Jan 1, 2025	Ordinary Shares	74.8K		Direct	F2
holding	BUR	PSUs							Jan 1, 2025	Ordinary Shares	74.8K		Direct	F3
holding	BUR	RSUs							Jan 1, 2025	Ordinary Shares	108K		Direct	F4
holding	BUR	PSUs							Jan 1, 2025	Ordinary Shares	108K		Direct	F5
holding	BUR	RSUs							Jan 1, 2025	Ordinary Shares	84.9K		Direct	F6
holding	BUR	PSUs							Jan 1, 2025	Ordinary Shares	84.9K		Direct	F7
holding	BUR	Phantom RSUs							Jan 1, 2025	Ordinary Shares	22.8K		Direct	F8
holding	BUR	Phantom RSUs							Jan 1, 2025	Ordinary Shares	17.7K		Direct	F9
holding	BUR	Phantom RSUs							Jan 1, 2025	Ordinary Shares	55.2K		Direct	F10
holding	BUR	Phantom RSUs							Jan 1, 2025	Ordinary Shares	567K		Direct	F11

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Molot serves as sole manager of the limited liability company (the "LLC"), and all of the LLC's interests are owned by (1) five grantor retained annuity trusts of which Mr. Molot is the sole annuitant (such grantor retained annuity trusts own approximately 12.9%, 2.4%, 4.5%, 16.5% and 2.6% of the LLC's interests, respectively) and (2) two irrevocable family trusts whose sole beneficiaries are Mr. Molot's children (such irrevocable trusts own approximately 56.9% and 4.2% of the LLC's interests, respectively). Mr. Molot disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2	Represents restricted share units ("RSUs") granted on April 5, 2022, which vest on the third anniversary of the grant date, subject to Mr. Molot's continued employment through such date. Each RSU represents a contingent right to receive one Ordinary Share.
F3	Represents performance-based RSUs ("PSUs") granted on April 5, 2022, which vest on the third anniversary of the grant date, subject to the achievement of certain performance conditions and Mr. Molot's continued employment through such date. Each PSU represents a contingent right to receive one Ordinary Share.
F4	Represents RSUs granted on March 22, 2023, which vest on the third anniversary of the grant date, subject to Mr. Molot's continued employment through such date. Each RSU represents a contingent right to receive one Ordinary Share.
F5	Represents PSUs granted on March 22, 2023, which vest on the third anniversary of the grant date, subject to the achievement of certain performance conditions and Mr. Molot's continued employment through such date. Each PSU represents a contingent right to receive one Ordinary Share.
F6	Represents RSUs granted on March 22, 2024, which vest on the third anniversary of the grant date, subject to Mr. Molot's continued employment through such date. Each RSU represents a contingent right to receive one Ordinary Share.
F7	Represents PSUs granted on March 22, 2024, which vest on the third anniversary of the grant date, subject to the achievement of certain performance conditions and Mr. Molot's continued employment through such date. Each PSU represents a contingent right to receive one Ordinary Share.
F8	Represents phantom RSUs ("Phantom RSUs") granted to Mr. Molot on June 22, 2023, which vest on June 15, 2025, in accordance with the Burford Capital Deferred Compensation Plan (the "NQDC Plan"), subject to Mr. Molot'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.
F9	Represents Phantom RSUs granted to Mr. Molot on September 22, 2023, which vest on September 15, 2025, in accordance with the NQDC Plan, subject to Mr. Molot'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.
F10	Represents Phantom RSUs granted to Mr. Molot on March 22, 2024, which vest on March 18, 2026, in accordance with the NQDC Plan, subject to Mr. Molot'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.
F11	Represents Phantom RSUs held under the NQDC Plan and not subject to vesting conditions. 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney