EPLUS INC — Director's Dealing 2014

Jun 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2014-06-12

Reporting Person: NORTON PHILLIP G (Director, President and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-12	Common Stock	A	15500	—	Acquired	54752	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	718540	Indirect

Footnotes

F1: On June 12, 2014, Mr. Norton, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 15,500 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 half of the Restricted Shares and on the second anniversary of the grant date for the remaining half 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.