EPLUS INC — Director's Dealing 2013

Sep 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2013-08-30

Reporting Person: Herman Lawrence S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-30	Common Stock	M	2700	$12.73	Acquired	20948	Direct
2013-08-30	Common Stock	S	2700	$52.1928	Disposed	18248	Direct
2013-09-03	Common Stock	M	7300	$12.73	Acquired	25548	Direct
2013-09-03	Common Stock	S	7300	$53.4721	Disposed	18248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-30	Stock Option (right to buy)	$12.73	M	2700	Disposed	2015-09-22	Common Stock (10000)	Direct
2013-09-03	Stock Option (right to buy)	$12.73	M	7300	Disposed	2015-09-22	Common Stock (7300)	Direct

Footnotes

F1: The transaction was executed in multiple trades at prices ranging from $51.69 to $52.95 per share, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and prices at which the transaction was effected.

F2: The transaction was executed in multiple trades at prices ranging from $52.00 to $54.71 per share, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold and prices at which the transaction was effected.