Sec Form 3 Filing - BOGART CHRISTOPHER P @ Burford Capital Ltd - 2025-01-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BOGART CHRISTOPHER P
2. Issuer Name and Ticker or Trading Symbol
Burford Capital Ltd [ BUR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O BURFORD CAPITAL LIMITED, OAK HOUSE, HIRZEL STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/01/2025
(Street)
ST. PETER PORT, Y7GY1 2NP
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary shares, no par value ("Ordinary Shares") 7,647,727 I By LLC ( 1 ) ( 2 )
Ordinary Shares 542,185 I By Trust ( 2 ) ( 3 )
Ordinary Shares 888,563 I By LLC ( 2 ) ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSUs ( 5 ) ( 5 ) ( 5 ) Ordinary Shares 74,819 D ( 6 )
PSUs ( 7 ) ( 7 ) ( 7 ) Ordinary Shares 74,819 D ( 6 )
RSUs ( 8 ) ( 8 ) ( 8 ) Ordinary Shares 107,568 D ( 6 )
PSUs ( 9 ) ( 9 ) ( 9 ) Ordinary Shares 107,569 D ( 6 )
RSUs ( 10 ) ( 10 ) ( 10 ) Ordinary Shares 84,917 D ( 6 )
PSUs ( 11 ) ( 11 ) ( 11 ) Ordinary Shares 84,917 D ( 6 )
Phantom RSUs ( 12 ) ( 12 ) ( 12 ) Ordinary Shares 55,991.4 D ( 6 )
Phantom RSUs ( 13 ) ( 13 ) ( 13 ) Ordinary Shares 446,840.2 D ( 6 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BOGART CHRISTOPHER P
C/O BURFORD CAPITAL LIMITED
OAK HOUSE, HIRZEL STREET
ST. PETER PORT, Y7GY1 2NP
X Chief Executive Officer
Signatures
/s/ Mark N. Klein, as attorney-in-fact 01/02/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )Represents Ordinary Shares held by Christopher P. Bogart Revocable Trust, of which the reporting person serves as a trustee and is a beneficiary.
( 4 )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.
( 5 )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.
( 6 )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.
( 7 )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.
( 8 )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.
( 9 )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.
( 10 )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.
( 11 )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.
( 12 )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.
( 13 )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

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