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EPLUS INC Director's Dealing 2016

Sep 28, 2016

31729_dirs_2016-09-28_557b6d6f-c916-4654-b2bf-4d7b3e3dcfd2.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: 2016-09-26

Reporting Person: ODONNELL TERRENCE (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-09-26 Common Stock A 839 Acquired 6091 Direct

Footnotes

F1: On September 26, 2016, Mr. O'Donnell, a director of ePlus inc. (the "Company"), was granted a restricted stock award consisting of 839 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2008 Non-Employee Director Long Term Incentive Plan (the "Plan") and are subject to a Restriction Period beginning on the grant date and ending on the first anniversary of the grant for one-half of the Restricted Shares, and ending on the second anniversary of the grant for the remaining one half of the Restricted Shares (the "Restriction Period"). As more fully described in the Plan, under certain other circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.