EPLUS INC — Director's Dealing 2017

Jun 9, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2017-06-07

Reporting Person: HOVDE ERIC D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-07	Common Stock	S	400	$79.51	Disposed	68703	Direct
2017-06-08	Common Stock	S	1266	$79.52	Disposed	67437	Direct
2017-06-09	Common Stock	S	1723	$81.05	Disposed	40975	Indirect

Footnotes

F1: On June 7, 2017, Mr. Hovde, the reporting person, sold 400 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $79.50 to $79.55.

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 June 8, 2017, Mr. Hovde, the reporting person, sold 1,266 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $79.50 to $79.58.

F4: Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("The Foundation"). On June 9, 2017, The Foundation sold 1,723 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $77.68 to $81.30.

F5: Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P., which owns 25,198 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transactions reported on this line, owns 15,777 Shares.