EPLUS INC — Director's Dealing 2014

Sep 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2014-09-15

Reporting Person: HOVDE ERIC D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-15	Common Stock	J	52000	—	Disposed	247325	Indirect
2014-09-15	Common Stock	J	39229	—	Acquired	291380	Direct

Footnotes

F1: On September 15, 2014, Hovde Capital I, LLC, of which Mr. Hovde is the managing member, made a pro rata distribution without any consideration of 52,000 shares to its members, including Mr. Hovde, who received 39,229 shares.

F2: Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which owns 217,060 shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 30,265 Shares.