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EPLUS INC — Director's Dealing 2014
Jun 12, 2014
31729_dirs_2014-06-12_4f30c429-c644-4e07-b794-76d24c46fa94.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: 2014-06-12
Reporting Person: MARRON MARK P (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-12 | Common Stock | A | 13600 | — | Acquired | 58671 | Direct |
Footnotes
F1: On June 12, 2014, Mr. Marron, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 13,600 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Company's Compensation Committee, pursuant to the Company's 2012 Employee Long-Term Incentive Plan. The Restricted Shares are subject to a Restriction Period beginning on the grant date and ending on the first anniversary of the grant date for one-third of the Restricted Shares, on the second anniversary of the grant date for one-third of the Restricted Shares, and on the third anniversary of the grant date for the remaining one-third of the Restricted Shares. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.