Filing Details
- Accession Number:
- 0001209191-21-013582
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-23 21:14:11
- Reporting Period:
- 2021-02-02
- Accepted Time:
- 2021-02-23 21:14:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1240189 | E Charles Moran | C/O Duck Creek Technologies, Inc. 22 Boston Wharf Road Boston MA 02210 | Yes | No | 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 | 14,482 | $0.00 | 149,097 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2021-02-19 | 16,809 | $27.00 | 165,906 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-19 | 44,852 | $53.37 | 121,054 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-19 | 17,842 | $54.10 | 103,212 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-19 | 19,576 | $55.41 | 83,636 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-19 | 9,470 | $56.01 | 74,166 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-19 | 800 | $57.16 | 73,366 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-22 | 25,669 | $51.86 | 47,497 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2021-02-22 | 14,459 | $52.41 | 33,238 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2,101 | $0.00 | 2,101 | $27.00 |
| Common Stock, Par Value $0.01 Per Share | Option | Disposition | 2021-02-19 | 16,809 | $0.00 | 16,809 | $27.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,911 | 2021-02-02 | 2030-08-14 | No | 4 | A | Direct |
| 2,102 | 2020-08-18 | 2030-08-14 | No | 4 | M | Direct |
Footnotes
- 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.
- The transaction was effected pursuant to a Rule 10b5-1 plan adopted on 11/13/2020.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $52.84 to $53.83, 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.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $53.84 to $54.82, 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.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $54.85 to $55.83, 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.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $55.85 to $56.60, 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.
- 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.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $51.16 to $52.15, 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.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $52.16 to $52.97, 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
- 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.
- Pursuant to the reorganization transactions, as described in the Registration Statement of the Company, in connection with the initial public offering, the reporting person contracted to contribute Class D Units of the Operating Partnership to the Company partially in exchange for vested options to acquire shares of common stock of the Company.
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