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EPLUS INC Director's Dealing 2010

Nov 19, 2010

31729_dirs_2010-11-19_5ace3573-562a-4910-b59e-248dcab9ff3f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2010-11-18

Reporting Person: Herman Lawrence S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-18	Common Stock	M	3700	$6.86	Acquired	14144	Direct
2010-11-18	Common Stock	S	3700	$23.90	Disposed	10444	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-18	Stock Option (right to buy)	$6.86	M	3700	Disposed	2011-09-21	Common Stock (3700)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$7.14	2013-04-01	Common Stock (10000)	10000	Direct
Stock Option (right to buy)	$15.25	2013-09-19	Common Stock (10000)	10000	Direct
Stock Option (right to buy)	$10.75	2014-09-15	Common Stock (10000)	10000	Direct
Stock Option (right to buy)	$12.73	2015-09-22	Common Stock (10000)	10000	Direct