EPLUS INC — Director's Dealing 2016

Nov 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2016-11-21

Reporting Person: HOVDE ERIC D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-21	Common Stock	S	6000	$107.29	Disposed	90122	Direct
2016-11-22	Common Stock	S	7098	$110.17	Disposed	83024	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40000	Indirect

Footnotes

F1: On November 21, 2016, Mr. Hovde, the reporting person, sold 6,000 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $108.05 to $106.50.

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 22, 2016, Mr. Hovde, the reporting person, sold 7,098 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $111.40 to $107.90.

F4: 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.