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EPLUS INC — Director's Dealing 2014
Aug 20, 2014
31729_dirs_2014-08-20_5818d434-8f22-4791-a70c-af145d4b6734.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: 2014-08-18
Reporting Person: HOVDE ERIC D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-18 | Common Stock | S | 4124 | $57.53 | Disposed | 357823 | Indirect |
| 2014-08-19 | Common Stock | S | 3020 | $57.58 | Disposed | 354803 | Indirect |
| 2014-08-20 | Common Stock | S | 104 | $57.76 | Disposed | 354699 | 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 18, 2014, FIP III sold 4,124 shares of the common stock of ePlus inc (the "Shares") at prices ranging from $57.50 to $57.65.
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 275,558 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 19, 2014, FIP III sold 3,020 Shares at prices in the range of $57.50 to $57.81.
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 272,538 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 20, 2014, FIP III sold 104 Shares at prices in the range of $57.75 to $57.90.
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 272,434 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.