Van Biert Eugene Jr. 4
4 · DUCK CREEK TECHNOLOGIES, INC. · Filed Nov 2, 2022
Insider Transaction Report
Form 4
Van Biert Eugene Jr.
Chief Revenue Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2022-10-31+197,206→ 542,186 total - Award
Option
2022-02-18+7,782→ 77,822 totalExercise: $27.00Exp: 2030-08-14→ Common Stock, par value $0.01 per share (7,782 underlying) - Award
Common Stock, par value $0.01 per share
2022-02-18+53,638→ 344,980 total
Footnotes (3)
- [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. One quarter vest in one year, one quarter vest in two years, one quarter vest in three years and one quarter vest in four years.
- [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.