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EPLUS INC — Director's Dealing 2016
Nov 18, 2016
31729_dirs_2016-11-18_f790d153-3d81-454e-87f7-e32ed5114327.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: 2016-11-16
Reporting Person: HOVDE ERIC D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-16 | Common Stock | S | 7500 | $103.79 | Disposed | 116122 | Direct |
| 2016-11-16 | Common Stock | S | 2673 | $103.79 | Disposed | 44045 | Indirect |
| 2016-11-17 | Common Stock | S | 7500 | $105.12 | Disposed | 108622 | Direct |
| 2016-11-18 | Common Stock | S | 12500 | $106.26 | Disposed | 96122 | Direct |
| 2016-11-18 | Common Stock | S | 4045 | $106.26 | Disposed | 40000 | Indirect |
Footnotes
F1: On November 16, 2016, Mr. Hovde, the reporting person, sold 7,500 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $103.00 to $104.05.
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: Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On November 16, 2016, FIP III sold 2,673 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $103.00 to $104.05.
F4: Mr. Hovde is the managing member Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 30,000 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 14,045 Shares.
F5: On November 17, 2016, Mr. Hovde, the reporting person, sold 7,500 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $103.45 to $105.60.
F6: On November 18, 2016, Mr. Hovde, the reporting person, sold 12,500 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $105.58 to $106.65.
F7: On November 18, 2016, The Eric D. and Steven D. Hovde Foundation sold 4,045 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $105.58 to $106.65.
F8: Mr. Hovde is the managing member 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, after the transaction reported on this line owns 10,000 Shares.