Christopher P. Bogart - Jan 1, 2025 Form 3 Insider Report for Burford Capital Ltd (BUR)

Role
Chief Executive Officer, Director
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, 01:26 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") 7.65M Jan 1, 2025 By LLC F1, F2
holding BUR Ordinary Shares 542K Jan 1, 2025 By Trust F2, F3
holding BUR Ordinary Shares 889K Jan 1, 2025 By LLC F2, F4

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 F5, F6
holding BUR PSUs Jan 1, 2025 Ordinary Shares 74.8K Direct F6, F7
holding BUR RSUs Jan 1, 2025 Ordinary Shares 108K Direct F6, F8
holding BUR PSUs Jan 1, 2025 Ordinary Shares 108K Direct F6, F9
holding BUR RSUs Jan 1, 2025 Ordinary Shares 84.9K Direct F6, F10
holding BUR PSUs Jan 1, 2025 Ordinary Shares 84.9K Direct F6, F11
holding BUR Phantom RSUs Jan 1, 2025 Ordinary Shares 56K Direct F6, F12
holding BUR Phantom RSUs Jan 1, 2025 Ordinary Shares 447K Direct F6, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Bogart serves as investment manager of Christopher Bogart LLC (the "Bogart LLC"), and all of the Bogart LLC's interests are owned primarily by (i) two trusts of which Mr. Bogart's spouse serves as a co-trustee and (ii) one trust of which Mr. Bogart and his spouse are beneficiaries. Mr. Bogart disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2 This report does not include 130,892 Ordinary Shares held by Elizabeth O'Connell Revocable Trust, of which the reporting person's spouse serves as a trustee and is a beneficiary. These securities are separately reported in a report on Form 3 filed by Elizabeth O'Connell, the reporting person's spouse, who is also an executive officer of Burford Capital Limited.
F3 Represents Ordinary Shares held by Christopher P. Bogart Revocable Trust, of which the reporting person serves as a trustee and is a beneficiary.
F4 Mr. Bogart serves as sole manager of Glenavy Burford Holdings LLC (the "Glenavy LLC"), and all of the Glenavy LLC's interests are owned by an insurance trust of which a third party serves as a trustee. Mr. Bogart disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F5 Represents restricted share units ("RSUs") granted on April 5, 2022, which vest on the third anniversary of the grant date, subject to Mr. Bogart's continued employment through such date. Each RSU represents a contingent right to receive one Ordinary Share.
F6 This report does not include (i) 42,152 RSUs and 42,152 performance-based RSUs ("PSUs") granted to the reporting person's spouse and (ii) 42,112.0 phantom RSUs ("Phantom RSUs") held by the reporting person's spouse under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and not subject to vesting conditions. The securities in clauses (i) through (ii) above are separately reported in a report on Form 3 filed by Elizabeth O'Connell, the reporting person's spouse, who is also an executive officer of Burford Capital Limited.
F7 Represents 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. Bogart's continued employment through such date. Each PSU represents a contingent right to receive one Ordinary Share.
F8 Represents RSUs granted on March 22, 2023, which vest on the third anniversary of the grant date, subject to Mr. Bogart's continued employment through such date. Each RSU represents a contingent right to receive one Ordinary Share.
F9 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. Bogart's continued employment through such date. Each PSU represents a contingent right to receive one Ordinary Share.
F10 Represents RSUs granted on March 22, 2024, which vest on the third anniversary of the grant date, subject to Mr. Bogart's continued employment through such date. Each RSU represents a contingent right to receive one Ordinary Share.
F11 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. Bogart's continued employment through such date. Each PSU represents a contingent right to receive one Ordinary Share.
F12 Represents Phantom RSUs granted to Mr. Bogart on March 22, 2024, which vest on March 18, 2026, 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.
F13 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