4//SEC Filing
Perla David 4
Accession 0001714174-25-000087
CIK 0001714174other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 7:03 AM ET
Size
14.4 KB
Accession
0001714174-25-000087
Insider Transaction Report
Form 4
Perla David
Vice Chair
Transactions
- Award
Phantom RSUs
2025-04-08+13,125→ 197,563.1 total→ Ordinary Shares (13,125 underlying) - Tax Payment
Ordinary shares, no par value ("Ordinary Shares")
2025-04-08$11.92/sh−632$7,533→ 82,489 total - Exercise/Conversion
RSUs
2025-04-08−13,441→ 184,438.1 total→ Ordinary Shares (13,441 underlying) - Award
Phantom RSUs
2025-04-08+13,125→ 197,247.1 total→ Ordinary Shares (13,125 underlying) - Exercise/Conversion
PSUs
2025-04-08−13,441→ 184,122.1 total→ Ordinary Shares (13,441 underlying)
Footnotes (5)
- [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.
Documents
Issuer
Burford Capital Ltd
CIK 0001714174
Entity typeother
Related Parties
1- filerCIK 0001982783
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 7:03 AM ET
- Size
- 14.4 KB