SEC Form 4 · accession 0001019973-15-000003
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Feb 11, 2015
Accepted (ET)
Feb 13, 2015 · 5:50 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 11, 2015 | S | 1,643 | $80.37 | D | 237,581 | D | |
| Common StockF2 | Feb 12, 2015 | S | 6,250 | $80.20 | D | 231,331 | D | |
| Common StockF2,F5 | Feb 11, 2015 | S | 657 | $80.37 | D | 72,002 | I | Footnote |
| Common StockF2,F7 | Feb 12, 2015 | S | 2,500 | $80.20 | D | 69,502 | I | Footnote |
| Common StockF2,F9 | Feb 11, 2015 | S | 329 | $80.37 | D | 32,736 | I | Footnote |
| Common StockF2,F11 | Feb 12, 2015 | S | 1,250 | $80.20 | D | 31,486 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 11, 2015, Mr. Hovde, the reporting person, sold 1,643 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.25 to $80.52.
- F10Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On February 12, 2015, the Foundation sold 1,250 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.02 to $80.39.
- F11Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 31,486 Shares.
- 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.
- F3On February 12, 2015, Mr. Hovde, the reporting person, sold 6,250 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.02 to $80.39.
- F4Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On February 11, 2015, FIP III sold 657 shares of the common stock of ePlus inc (the "Shares") at prices ranging from $80.25 to $80.52.
- F5Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 72,002 Shares.
- F6Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On February 12, 2015, FIP III sold 2,500 shares of the common stock of ePlus inc (the "Shares") at prices ranging from $80.02 to $80.39.
- F7Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 69,502 Shares.
- F8Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On February 11, 2015, the Foundation sold 329 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.25 to $80.52.
- F9Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 32,736 Shares.