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EPLUS INC Director's Dealing 2015

Mar 4, 2015

31729_dirs_2015-03-04_d65ac3d3-1401-4803-84d2-e70b6f72a8f7.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: 2015-03-02

Reporting Person: HOVDE ERIC D (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-02 Common Stock S 1153 $83.82 Disposed 200226 Direct
2015-03-03 Common Stock S 3625 $84.39 Disposed 196601 Direct
2015-03-04 Common Stock S 4546 $84.65 Disposed 192055 Direct
2015-03-03 Common Stock S 1793 $84.39 Disposed 23472 Indirect
2015-03-04 Common Stock S 2247 $84.65 Disposed 21225 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 59844 Indirect

Footnotes

F1: On March 2, 2015, Mr. Hovde, the reporting person, sold 1,153 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $83.77 to $84.00.

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: On March 3, 2015, Mr. Hovde, the reporting person, sold 3,625 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.04 to $85.20.

F4: On March 4, 2015, Mr. Hovde, the reporting person, sold 4,546 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.51 to $84.80.

F5: Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 3, 2015, the Foundation sold 1,793 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.04 to $85.20.

F6: Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transactions reported on this line, owns 23,472 Shares.

F7: Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 4, 2015, the Foundation sold 2,247 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.51 to $84.80.

F8: Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transactions reported on this line, owns 21,225 Shares.

F9: Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which owns 59,844 Shares.