Julie Dodd - Mar 30, 2023 Form 4 Insider Report for DUCK CREEK TECHNOLOGIES, INC. (DCT)

Role
Director
Signature
/s/ Christopher R. Stone as Attorney-in-Fact
Stock symbol
DCT
Transactions as of
Mar 30, 2023
Transactions value $
$0
Form type
4
Date filed
3/31/2023, 08:31 AM
Previous 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 Disposed to Issuer -21.3K -100% 0 Mar 30, 2023 Direct F1
transaction DCT Common Stock, par value $0.01 per share Disposed to Issuer -100 -100% 0 Mar 30, 2023 By child A F2
transaction DCT Common Stock, par value $0.01 per share Disposed to Issuer -100 -100% 0 Mar 30, 2023 By child B F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Julie Dodd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects awards of stock ("RSAs") held by the Reporting Person. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 8, 2023, by and among the Issuer, Disco Parent, LLC, a Delaware limited liability company, and Disco Merger Sub, Inc., a Delaware corporation, each RSA, whether vested or unvested, that was outstanding immediately prior to the effective time of the merger contemplated by the Merger Agreement was fully vested, cancelled and automatically converted into the right to receive an amount in cash equal to the product of (a) the aggregate number of shares subject to such RSAs, multiplied by (b) $19.00, subject to any required withholding of taxes.
F2 The shares were disposed of pursuant to the Merger Agreement, whereby, at Effective Time, all shares of Issuer common stock issued and outstanding immediately prior to the Effective time (other than certain excluded shares) were cancelled, extinguished and automatically converted into the right to receive $19.00 per share in cash, without interest.