EPLUS INC — Director's Dealing 2012

Feb 21, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2012-02-17

Reporting Person: Herman Lawrence S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-17	Common Stock	M	975	$7.14	Acquired	10069	Direct
2012-02-17	Common Stock	S	975	$33.0000	Disposed	9094	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-17	Stock Option (right to buy)	$7.14	M	975	Disposed	2013-04-01	Common Stock (5975)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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