Duck Creek (DCT) Form 4 Change in insider ownership

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Disco (Guernsey) Holdings L.P. Inc.

(Last) (First) (Middle)

PO BOX 656, EAST WING, TRAFALGAR COURT

LES BANQUES

(Street)

ST PETER PORT Y7 GY1 3PP

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DUCK CREEK TECHNOLOGIES, INC. [ DCT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/30/2023		D(1)		31,606,952	D	$19(1)	0	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Disco (Guernsey) Holdings L.P. Inc.

(Last) (First) (Middle)

PO BOX 656, EAST WING, TRAFALGAR COURT

LES BANQUES

(Street)

ST PETER PORT Y7 GY1 3PP

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Disco (Guernsey) GP Co. Ltd

(Last) (First) (Middle)

PO BOX 656, EAST WING, TRAFALGAR COURT

LES BANQUES

(Street)

ST PETER PORT Y7 GY1 3PP

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Apax VIII GP Co. Ltd

(Last) (First) (Middle)

THIRD FLOOR, ROYAL BANK PLACE

1 GLATEGNY ESPLANADE

(Street)

ST PETER PORT Y7 GY1 2HJ

(City) (State) (Zip)

Explanation of Responses:

1. 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.

2. 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.

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.

	/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.	03/30/2023
	/s/ Mark Babbe as authorized signatory of Disco (Guernsey) GP Co. Limited	03/30/2023
	/s/ Jeremy Latham as Director of Apax VIII GP Co. Limited	03/30/2023
	** Signature of Reporting Person	Date
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