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EPLUS INC Director's Dealing 2022

Jun 10, 2022

31729_dirs_2022-06-10_c136314f-9356-4cf9-95d4-cd72f3960d44.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: 2022-06-08

Reporting Person: RAIGUEL DARREN S (Chief Operating Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-06-08 Common Stock A 23065 Acquired 77781 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 26574 Indirect

Footnotes

F1: On June 8, 2022, Mr. Raiguel, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 23,065 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Company's Compensation Committee, pursuant to the Company's 2021 Employee Long-Term Incentive Plan. The Restricted Shares are subject to a restriction period of three years, with one-third of the shares vesting on each of the next three annual anniversaries of the grant. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.

F2: On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 27,358 additional shares of common stock.

F3: On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 13,287 additional shares of common stock.

F4: The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.