Key facts
- This page summarizes Disco (Guernsey) Holdings L.P. Inc.'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, 16:15.
Disco (Guernsey) Holdings L.P. Inc. - 30 Mar 2023 Form 4 Insider Report for DUCK CREEK TECHNOLOGIES, INC.
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 30 Mar 2023
- Net transaction value
- -$600,532,088
- Reporting 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.
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Disco (Guernsey) Holdings L.P. Inc. filed Form 4 for DUCK CREEK TECHNOLOGIES, INC. on 30 Mar 2023.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$600,532,088.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DCT
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $600,532,088
- Shares
- -31,606,952
- Change %
- -100%
- Price
- $19.00
- Shares after
- 0
- Date
- 30 Mar 2023
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Disco (Guernsey) Holdings L.P. Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote 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.
Footnote 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.
SEC 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.