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

Role: Chief Technology Officer
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, 08:41 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		-121K	-100%		0	Mar 30, 2023	Direct	F1

Nageswaran Vaidyanathan 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.

Content

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.