Apax VIII GP Co. Ltd 4
4 · DUCK CREEK TECHNOLOGIES, INC. · Filed Mar 30, 2023
Insider Transaction Report
Form 4
Disco (Guernsey) Holdings L.P.
Director
Transactions
- Disposition to Issuer
Common Stock
2023-03-30$19.00/sh−31,606,952$600,532,088→ 0 total
Footnotes (2)
- [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.
- [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.