Disco (Guernsey) Holdings L.P. Inc. - Mar 30, 2023 Form 4 Insider Report for DUCK CREEK TECHNOLOGIES, INC. (DCT)

Role: Director, 10%+ Owner
Signature: /s/ Mark Babbe as authorized signatory of Disco (Guernsey) GP Co. Limited, in its capacity as general partner of Disco (Guernsey) Holdings L.P. Inc.
Stock symbol: DCT
Transactions as of: Mar 30, 2023
Transactions value $: -$600,532,088
Form type: 4
Date filed: 3/30/2023, 04:15 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DCT	Common Stock	Disposed to Issuer	-$601M	-31.6M	-100%	$19.00	0	Mar 30, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Disco (Guernsey) Holdings L.P. Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On March 30, 2023, Disco Parent, LLC ("Parent") acquired Duck Creek Technologies, Inc. (the "Issuer") pursuant to that certain Agreement and Plan of Merger, dated as of January 8, 2023 (the "Merger Agreement"), by and among the Issuer, Parent and Disco Merger Sub, Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger, each issued and outstanding share of common stock, $0.01 par value per share of the Issuer (other than certain excluded shares) automatically converted into the right to receive $19.00 per share in cash, without interest.
F2	Apax VIII GP Co. Limited holds all the ordinary shares of Disco (Guernsey) GP Co. Limited, which is the general partner of Disco (Guernsey) Holdings L.P. Inc. Apax VIII GP Co. Limited may be deemed to be the beneficial owner of these shares, but disclaims all ownership of these securities except to the extent of its pecuniary interest therein.

Content

On March 30, 2023, Disco Parent, LLC ("Parent") acquired Duck Creek Technologies, Inc. (the "Issuer") pursuant to that certain Agreement and Plan of Merger, dated as of January 8, 2023 (the "Merger Agreement"), by and among the Issuer, Parent and Disco Merger Sub, Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger, each issued and outstanding share of common stock, $0.01 par value per share of the Issuer (other than certain excluded shares) automatically converted into the right to receive $19.00 per share in cash, without interest.

Apax VIII GP Co. Limited holds all the ordinary shares of Disco (Guernsey) GP Co. Limited, which is the general partner of Disco (Guernsey) Holdings L.P. Inc. Apax VIII GP Co. Limited may be deemed to be the beneficial owner of these shares, but disclaims all ownership of these securities except to the extent of its pecuniary interest therein.

Remarks:

On the basis of their relationships with Jason Wright and Roy Mackenzie, members of Duck Creek Technologies, Inc.'s board of directors, the reporting persons may have been deemed directors of Duck Creek Technologies, Inc. for the purposes of Section 16 of the Securities Act of 1934.