4//SEC Filing
Licht Jordan David 4
Accession 0001714174-25-000126
CIK 0001714174other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 8:35 AM ET
Size
11.5 KB
Accession
0001714174-25-000126
Insider Transaction Report
Form 4
Licht Jordan David
Chief Financial Officer
Transactions
- Award
RSUs
2025-05-14$13.19/sh+11,373$150,010→ 173,000.8 total→ Ordinary Shares (11,373 underlying) - Award
PSUs
2025-05-14$13.19/sh+11,373$150,010→ 184,373.8 total→ Ordinary Shares (11,373 underlying) - Discretionary Transaction
Phantom RSUs
2025-05-14$14.43/sh+928$13,391→ 185,301.8 total→ Ordinary Shares (928 underlying)
Footnotes (3)
- [F1]Represents restricted share units ("RSUs") granted on March 13, 2025 by the compensation committee of the board of directors (the "Compensation Committee") of Burford Capital Limited (the "Company") under the Burford Capital Limited 2025 Omnibus Incentive Compensation Plan (the "2025 Omnibus Incentive Compensation Plan"), subject to shareholder approval of the 2025 Omnibus Incentive Compensation Plan, which was obtained on May 14, 2025. The RSUs vest in equal installments with (i) the first installment vesting on March 22, 2026, (ii) the second installment vesting on March 22, 2027 and (iii) the third installment vesting on March 15, 2028, in each case, subject to Mr. Licht's continued employment through such dates. Each RSU represents a contingent right to receive one ordinary share, no par value, of the Company ("Ordinary Share").
- [F2]Represents performance-based RSUs ("PSUs") granted on March 13, 2025 by the Compensation Committee under the 2025 Omnibus Incentive Compensation Plan, subject to shareholder approval of the 2025 Omnibus Incentive Compensation Plan, which was obtained on May 14, 2025. The PSUs vest on the third anniversary of the grant date, at a level (if at all) determined based upon achievement of either of the applicable relative total shareholder return-based goals measured based on the Company's performance either (i) over the five-year period ending on the final day of the applicable performance period or (ii) annually for each year of the three-year performance period, subject to Mr. Licht's continued employment through such dates. Each PSU represents a contingent right to receive one Ordinary Share.
- [F3]Represents a purchase of 696.0 phantom RSUs ("Phantom RSUs") by Mr. Licht under the Burford Capital Deferred Compensation Plan (the "NQDC Plan") and a matching contribution by the Company of 232.0 Phantom RSUs, which vest on May 9, 2027, in accordance with the NQDC Plan, subject to Mr. Licht'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.
Documents
Issuer
Burford Capital Ltd
CIK 0001714174
Entity typeother
Related Parties
1- filerCIK 0001982792
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 8:35 AM ET
- Size
- 11.5 KB