David Perla - 08 Apr 2025 Form 4 Insider Report for Burford Capital Ltd (BUR)

Reporting relationship: Vice Chair
Issuer ticker: BUR
Reported as of: 08 Apr 2025
Net transaction value: -$7,533
SEC form: 4
Accepted by SEC: 10 Apr 2025, 07:03:59 UTC
Prior SEC filing: 30 Jan 2025
Next SEC filing: 16 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Mark N. Klein, as attorney-in-fact

Key filing fact

David Perla filed Form 4 for Burford Capital Ltd (BUR) on 10 Apr 2025.

Key facts

This page summarizes David Perla's Form 4 filing for Burford Capital Ltd (BUR).
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 10 Apr 2025, 07:03.

Change

Previous filing in this sequence was filed on 30 Jan 2025.
Current net transaction value: -$7,533.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BUR transaction

Ordinary shares, no par value ("Ordinary Shares")

Tax liability

Transaction value: $7,533
Shares: -632
Change %: -0.76%
Price: $11.92
Shares after: 82,489
Date: 08 Apr 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BUR transaction Derivative

RSUs

Options Exercise

Transaction value: $0
Shares: -13,441
Change %: -6.8%
Price: $0.000000
Shares after: 184,438
Date: 08 Apr 2025
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 13,441
Exercise price
Footnotes: F2

BUR transaction Derivative

Phantom RSUs

Award

Transaction value: $0
Shares: +13,125
Change %: +7.1%
Price: $0.000000
Shares after: 197,563
Date: 08 Apr 2025
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 13,125
Exercise price
Footnotes: F3

BUR transaction Derivative

PSUs

Options Exercise

Transaction value: $0
Shares: -13,441
Change %: -6.8%
Price: $0.000000
Shares after: 184,122
Date: 08 Apr 2025
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 13,441
Exercise price
Footnotes: F4

BUR transaction Derivative

Phantom RSUs

Award

Transaction value: $0
Shares: +13,125
Change %: +7.1%
Price: $0.000000
Shares after: 197,247
Date: 08 Apr 2025
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 13,125
Exercise price
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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").

Footnote 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").

Footnote 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.

Footnote 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.

Footnote 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.