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EPLUS INC — Director's Dealing 2014
Aug 25, 2014
31729_dirs_2014-08-25_17192b4f-10c7-471e-babd-1d15f6cbff4b.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: 2014-08-21
Reporting Person: HOVDE ERIC D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-21 | Common Stock | S | 41594 | $58.16 | Disposed | 313105 | Indirect |
| 2014-08-22 | Common Stock | S | 5634 | $58.33 | Disposed | 307471 | Indirect |
| 2014-08-25 | Common Stock | S | 1933 | $58.31 | Disposed | 305538 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 255608 | Direct |
Footnotes
F1: Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On August 21, 2014, FIP III sold 41,594 shares of the common stock of ePlus inc (the "Shares") at prices ranging from $57.90 to $58.48.
F2: Mr. Hovde, the reporting person, undertakes to provide upon request by the Securities and Exchange Commission staff, ePlus, or a security holder of ePlus, full information regarding the number of Shares sold at each separate price.
F3: Mr. Hovde is the managing member of: (i) Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 230,840 Shares, and (ii) Hovde Capital I, LLC, which owns 52,000 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 30,265 Shares.
F4: On August 22, 2014, FIP III sold 5,634 Shares at prices in the range of $58.25 to $58.45.
F5: Mr. Hovde is the managing member of (i) Hovde Capital, Ltd., the general partner to FIP III, which, after the transactions reported on this line, owns 225,206 Shares, and (ii) Hovde Capital I, LLC, which owns 52,000 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 30,265 Shares.
F6: On August 25, 2014, FIP III sold 1,933 Shares at prices in the range of $58.25 to $58.40.
F7: Mr. Hovde is the managing member of (i) Hovde Capital, Ltd., the general partner to FIP III, which, after the transactions reported on this line, owns 223,273 Shares, and (ii) Hovde Capital I, LLC, which owns 52,000 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 30,265 Shares.