SEC Form 4 · accession 0001019973-15-000002
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022408
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 10, 2015 | S | 11,002 | $81.60 | D | 239,224 | D | |
| Common StockF2,F4 | Feb 10, 2015 | S | 4,401 | $81.60 | D | 72,659 | I | Footnote |
| Common StockF2,F6 | Feb 10, 2015 | S | 2,200 | $81.60 | D | 33,065 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 10, 2015, Mr. Hovde, the reporting person, sold 11,002 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.03 to $83.06.
- F2Mr. Hovde, the reporting person, undertakes to provide upon request by the Securities and Exchange Commission staff, ePlus, or a security holder of ePlus, full information regarding the number of Shares sold at each separate price.
- F3Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On February 10, 2015, FIP III sold 4,401 shares of the common stock of ePlus inc (the "Shares") at prices ranging from $80.03 to $83.06.
- F4Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 72,659 Shares.
- F5Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On February 10, 2015, the Foundation sold 2,200 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.03 to $83.06.
- F6Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 33,065 Shares.