OCONNELL ELIZABETH 4
4 · Burford Capital Ltd · Filed Apr 10, 2025
Insider Transaction Report
Form 4
OCONNELL ELIZABETH
Chief Strategy Officer
Transactions
- Tax Payment
Ordinary shares, no par value ("Ordinary Shares")
2025-04-08$11.92/sh−632$7,533→ 0 total - Award
Phantom RSUs
2025-04-08+13,125→ 246,437.5 total→ Ordinary Shares (13,125 underlying) - Exercise/Conversion
RSUs
2025-04-08−13,441→ 233,628.5 total→ Ordinary Shares (13,441 underlying) - Award
Phantom RSUs
2025-04-08+13,125→ 246,753.5 total→ Ordinary Shares (13,125 underlying) - Exercise/Conversion
PSUs
2025-04-08−13,441→ 233,312.5 total→ Ordinary Shares (13,441 underlying)
Holdings
- 130,892(indirect: By Trust)
Ordinary Shares
Footnotes (6)
- [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]The transactions reported in this Form 4 do not include transactions reported separately by Christopher Bogart, the reporting person's spouse, who is also an executive officer of Burford Capital Limited.
- [F4]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.
- [F5]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.
- [F6]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.