EPLUS INC — Director's Dealing 2016

Nov 30, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2016-11-28

Reporting Person: HOVDE ERIC D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-28	Common Stock	S	6817	$112.1	Disposed	76207	Direct
2016-11-29	Common Stock	S	1144	$112.48	Disposed	75063	Direct
2016-11-30	Common Stock	S	1700	$111.47	Disposed	73363	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40000	Indirect

Footnotes

F1: On November 28, 2016, Mr. Hovde, the reporting person, sold 6,817 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $111.05 to $112.55.

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 November 29, 2016, Mr. Hovde, the reporting person, sold 1,144 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $112.00 to $112.85.

F4: On November 30, 2016, Mr. Hovde, the reporting person, sold 1,700 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $111.00 to $111.75.

F5: Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which owns 30,000 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 10,000 Shares.