SEC Form 4 · accession 0001019973-15-000006
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 5:59 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 25, 2015 | S | 5,313 | $81.43 | D | 220,328 | D | |
| Common StockF2 | Feb 26, 2015 | S | 13,141 | $82.86 | D | 207,187 | D | |
| Common StockF2 | Feb 27, 2015 | S | 5,808 | $83.27 | D | 201,379 | D | |
| Common StockF2,F6 | Feb 25, 2015 | S | 2,125 | $81.43 | D | 65,101 | I | Footnote |
| Common StockF2,F8 | Feb 26, 2015 | S | 5,257 | $82.86 | D | 59,844 | I | Footnote |
| Common StockF2,F10 | Feb 25, 2015 | S | 1,062 | $81.43 | D | 29,285 | I | Footnote |
| Common StockF2,F12 | Feb 26, 2015 | S | 2,628 | $82.86 | D | 26,657 | I | Footnote |
| Common StockF2,F14 | Feb 27, 2015 | S | 1,392 | $83.27 | D | 25,265 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 25, 2015, Mr. Hovde, the reporting person, sold 5,313 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.88 to $81.70.
- F10Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 29,285 Shares.
- F11Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On February 26, 2015, the Foundation sold 2,628 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $81.97 to $83.54.
- F12Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 26,657 Shares.
- F13Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On February 27, 2015, the Foundation sold 1,392 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $83.00 to $83.47.
- F14Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 25,265 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 26, 2015, Mr. Hovde, the reporting person, sold 13,141 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $81.97 to $83.54.
- F4On February 27, 2015, Mr. Hovde, the reporting person, sold 5,808 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $83.00 to $83.47.
- F5Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On February 25, 2015, FIP III sold 2,125 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.88 to $81.70.
- F6Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 65,101 Shares.
- F7Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On February 26, 2015, FIP III sold 5,257 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $81.97 to $83.54.
- F8Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transaction reported on this line, owns 59,844 Shares.
- F9Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On February 25, 2015, the Foundation sold 1,062 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $80.88 to $81.70.