KATHLEEN M. CRUSCO - 18 Feb 2022 Form 4 Insider Report for DUCK CREEK TECHNOLOGIES, INC. (DCT)

Role
Director
Signature
/s/ Christopher R. Stone as Attorney-in-Fact
Issuer symbol
DCT
Transactions as of
18 Feb 2022
Net transactions value
$0
Form type
4
Filing time
02 Nov 2022, 19:05:52 UTC
Previous filing
05 Nov 2021
Next filing
16 May 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 Award +3,469 +6.8% 54,283 18 Feb 2022 Direct F1
transaction DCT Common Stock, par value $0.01 per share Award $0 +14,380 +26% $0.000000 68,663 31 Oct 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DCT Option Award +3,901 +11% 39,008 18 Feb 2022 Common Stock, par value $0.01 per share 3,901 $27.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 partnership 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) of the Company pursuant to the Company's 2020 Omnibus Incentive Plan.
F2 Shares of common stock, par value $0.01 per share, of the Company granted pursuant to the Company's 2020 Omnibus Incentive Plan that vest in one year.
F3 Represents options to acquire shares of common stock of the Company that were granted in connection with the reporting person's contribution of previously awarded partnership interests in the Operating Partnership at the time of the initial public offering and later became vested upon the satisfaction of certain performance conditions.