EPLUS INC — Director's Dealing 2022

Jan 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2022-01-03

Reporting Person: HOVDE ERIC D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-03	Common Stock	A	377	—	Acquired	61451	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	38950	Indirect

Footnotes

F1: On January 3, 2022, Mr. Hovde, a director of ePlus, was issued 377 shares of common stock of the Company (the "Shares"). The Shares were issued pursuant to Mr. Hovde's election to receive the Shares in lieu of cash compensation as permitted under the Company's 2017 Non-Employee Director Long Term Incentive Plan.

F2: On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 30,537 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 19,475 additional shares of common stock.

F4: Mr. Hovde is the managing member of Hovde Capital Ltd., the general partner to Financial Institution Partners III LP, which owns 20,396 shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 18,554 shares.