EPLUS INC — Director's Dealing 2018

May 31, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2018-05-01

Reporting Person: BOWEN BRUCE M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-01	Common Stock	A	370	—	Acquired	370	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Indirect
Common Stock	4032	Indirect
Common Stock	4032	Indirect

Footnotes

F1: On May 1, 2018, Mr. Bowen retired as an employee of ePlus inc. (the "Company"). Pursuant to the 2017 Non-Employee Director Long-Term Incentive Plan (the "Plan"), upon becoming an Outside Director he was granted a restricted stock award of 370 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares 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.