EPLUS INC — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2020-12-31

Reporting Person: BOWEN BRUCE M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Stock	G	1740	—	Disposed	1155	Indirect
2020-12-31	Common Stock	G	1740	—	Disposed	1042	Indirect
2021-01-04	Common Stock	A	233	—	Acquired	5384	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6600	Indirect

Footnotes

F1: This transaction represents a donation to a charitable donor advised fund.

F2: On January 4, 2021, Mr. Bowen, a director of ePlus, was issued 233 restricted shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were issued pursuant to Mr. Bowen's election to receive the Restricted Shares in lieu of cash compensation as permitted under the Company's 2017 Non-Employee Director Long Term Incentive Plan (the "Plan"). The Restricted Shares are subject to a Restriction Period beginning on the issue date and ending on the first anniversary of issuance for one-half of the Restricted Shares, and ending on the second anniversary of the issuance for the remaining one half of the Restricted Shares (the "Restriction Period"). As more fully described in the Plan, under certain circumstances the restrictions may lapse.