Matthew R. Foster - Feb 11, 2022 Form 4 Insider Report for DUCK CREEK TECHNOLOGIES, INC. (DCT)

Role: Chief Operating Officer
Signature: /s/ Christopher R. Stone as Attorney-in-Fact
Stock symbol: DCT
Transactions as of: Feb 11, 2022
Transactions value $: -$587,500
Form type: 4
Date filed: 2/14/2022, 04:23 PM
Previous filing: Nov 12, 2021
Next filing: Nov 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DCT	Common Stock, par value $0.01 per share	Sale	-$588K	-25K	-4.36%	$23.50	548K	Feb 11, 2022	Direct	F1
holding	DCT	Common Stock, par value $0.01 per share						250K	Feb 11, 2022	See footnote	F2

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

Explanation of Responses:

Id	Content
F1	The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $23.24 to $23.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	These shares are owned directly by Foster 2020 GST Trust for the benefit of the Reporting Person's spouse and children, of which his spouse is a trustee. The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.

Content

The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $23.24 to $23.75, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

These shares are owned directly by Foster 2020 GST Trust for the benefit of the Reporting Person's spouse and children, of which his spouse is a trustee. The Reporting Person disclaims Section 16 beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.