SEC Form 4 · accession 0001019973-15-000010
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Mar 12, 2015
Accepted (ET)
Mar 13, 2015 · 5:07 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 12, 2015 | S | 900 | $84.28 | D | 172,084 | D | |
| Common StockF2 | Mar 13, 2015 | S | 5,748 | $84.20 | D | 166,336 | D | |
| Common StockF2,F5 | Mar 12, 2015 | S | 466 | $84.28 | D | 56,389 | I | Footnote |
| Common StockF2,F7 | Mar 13, 2015 | S | 3,035 | $84.20 | D | 53,354 | I | Footnote |
| Common StockF2,F9 | Mar 12, 2015 | S | 239 | $84.28 | D | 12,962 | I | Footnote |
| Common StockF2,F11 | Mar 13, 2015 | S | 1,417 | $84.20 | D | 11,545 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 12, 2015, Mr. Hovde, the reporting person, sold 900 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.15 to $84.36.
- F10Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 13, 2015, the Foundation sold 1,417 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $83.75 to $84.65.
- F11Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 11,545 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 13, 2015, Mr. Hovde, the reporting person, sold 5,748 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $83.75 to $84.65.
- F4Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On March 12, 2015, FIP III sold 466 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.15 to $84.36.
- 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 56,389 Shares.
- F6Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On March 13, 2015, FIP III sold 3,035 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $83.75 to $84.65.
- 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 53,354 Shares.
- F8Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation ("Foundation"). On March 12, 2015, the Foundation sold 239 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $84.15 to $84.36.
- F9Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 12,962 Shares.