Accenture plc - 30 Mar 2023 Form 4 Insider Report for DUCK CREEK TECHNOLOGIES, INC.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
30 Mar 2023, 16:14:00 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Danika Haueisen, Attorney-In-Fact for Accenture plc

Key filing fact

Accenture plc filed Form 4 for DUCK CREEK TECHNOLOGIES, INC. on 30 Mar 2023.

Key facts

  • This page summarizes Accenture plc's Form 4 filing for DUCK CREEK TECHNOLOGIES, INC..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 30 Mar 2023, 16:14.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$400,354,738.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DCT transaction

Common stock

Disposed to Issuer

Transaction value
$400,354,738
Shares
-21,071,302
Change %
-100%
Price
$19.00
Shares after
0
Date
30 Mar 2023
Ownership
See footnote
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Consists of 2,932,262 shares of common stock held by Accenture LLP and 18,139,040 shares of common stock held by Accenture Holdings BV, each of which is an indirect wholly-owned subsidiary of Accenture plc. On March 30, 2023, pursuant to the Agreement and Plan of Merger, dated as of January 8, 2023, by and among Disco Parent, LLC, Disco Merger Sub, Inc. ("Merger Sub"), and the Issuer, Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Common Stock outstanding as of immediately prior to the Effective Time (subject to certain exceptions) was cancelled and extinguished and automatically converted into the right to receive cash in an amount equal to $19.00.

SEC remarks

The reporting person may have been deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Stuart Nicoll served on the board of directors of the Issuer. Following consummation of the Merger, Mr. Nicoll no longer serves on the board of directors of the Issuer.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .