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EPLUS INC — Director's Dealing 2019
Jul 24, 2019
31729_dirs_2019-07-24_fc41d808-4e7a-4d11-ac50-0dafcd1072e8.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: 2019-07-22
Reporting Person: Xiang Ben (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-22 | Common Stock | A | 191 | $73.56 | Acquired | 191 | Direct |
Footnotes
F1: On July 22, 2019, Mr. Xiang, a newly-elected director of ePlus inc. (the "Company") was granted a restricted stock award consisting of 191 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2017 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.