SEC Form 4 · accession 0001019973-15-000009
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 6:36 pm EDT
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 | Mar 5, 2015 | S | 13,412 | $85.31 | D | 178,643 | D | |
| Common StockF2 | Mar 6, 2015 | S | 1,855 | $85.44 | D | 176,788 | D | |
| Common StockF2 | Mar 9, 2015 | S | 3,804 | $84.90 | D | 172,984 | D | |
| Common StockF2,F6 | Mar 6, 2015 | S | 980 | $85.44 | D | 58,864 | I | Footnote |
| Common StockF2,F8 | Mar 9, 2015 | S | 2,009 | $84.90 | D | 56,855 | I | Footnote |
| Common StockF2,F10 | Mar 5, 2015 | S | 6,631 | $85.31 | D | 14,594 | I | Footnote |
| Common StockF2,F12 | Mar 6, 2015 | S | 456 | $85.44 | D | 14,138 | I | Footnote |
| Common StockF2,F14 | Mar 9, 2015 | S | 937 | $84.90 | D | 13,201 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 5, 2015, Mr. Hovde, the reporting person, sold 13,412 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.85 to $86.08.
- F10Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 14,594 Shares.
- F11Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 6, 2015, the Foundation sold 456 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $85.33 to $85.73.
- F12Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 14,138 Shares.
- F13Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 9, 2015, the Foundation sold 937 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $82.80 to $86.04.
- F14Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 13,201 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 March 6, 2015, Mr. Hovde, the reporting person, sold 1,855 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $85.33 to $85.73.
- F4On March 9, 2015, Mr. Hovde, the reporting person, sold 3,804 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $82.80 to $86.04.
- F5Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On March 6, 2015, FIP III sold 980 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $85.33 to $85.73.
- 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 58,864 Shares.
- F7Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On March 9, 2015, FIP III sold 2,009 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $82.80 to $86.04.
- 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 56,855 Shares.
- F9Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 5, 2015, the Foundation sold 6,631 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.85 to $86.08.