Filing Details

Accession Number:
0001209191-21-013569
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-23 21:07:29
Reporting Period:
2021-02-02
Accepted Time:
2021-02-23 21:07:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1160951 Duck Creek Technologies Inc. DCT Services-Prepackaged Software (7372) 843723837
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1259970 A Vincent Chippari C/O Duck Creek Technologies, Inc.
22 Boston Wharf Road
Boston MA 02210
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2021-02-02 70,488 $0.00 675,304 No 4 A Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-02-19 29,210 $53.54 646,094 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-02-19 7,900 $54.47 638,194 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-02-19 26,463 $55.52 611,731 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-02-19 8,304 $56.12 603,427 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2021-02-19 3,123 $57.23 600,304 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Option Acquisiton 2021-02-02 10,227 $0.00 10,227 $27.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
92,041 2021-02-02 2030-08-14 No 4 A Direct
Footnotes
  1. Represents vested restricted shares of Duck Creek Technologies, Inc. (the "Company") the reporting person acquired upon the satisfaction of a performance condition associated with previously awarded restricted share units in Disco Topco Holdings (Cayman) L.P. (the "Operating Partnership") that converted into unvested restricted shares in connection with the initial public offering, as described in the Registration Statement on Form S-1 (File No. 333-240050) (the "Registration Statement") of the Company pursuant to the Company's 2020 Omnibus Incentive Plan.
  2. The transaction was effected pursuant to a Rule 10b5-1 plan adopted on 11/13/2020.
  3. The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $53.00 to $53.99, 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.
  4. The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $54.00 to $54.95, 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.
  5. The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $55.00 to $55.99, 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.
  6. The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $56.00 to $56.69, 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.
  7. The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $57.15 to $57.26, 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.
  8. Represents vested options of the Company the reporting person acquired upon the satisfaction of a performance condition associated with previously awarded options to acquire Class D Units in the Operating Partnership that converted into unvested options to acquire shares of common stock of the Company in connection with the initial public offering, as described in the Registration Statement of the Company pursuant to the Company's 2020 Omnibus Incentive Plan.