SEC Form 4 · accession 0001019973-15-000012
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Aug 21, 2015
Accepted (ET)
Aug 26, 2015 · 10:54 am 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,F3 | Aug 21, 2015 | S | 5,000 | $79.12 | D | 48,354 | I | Footnote |
| Common StockF2 | Aug 21, 2015 | S | 2,600 | $79.12 | D | 163,736 | D | |
| Common StockF5 | holding | — | — | — | 11,545 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On August 21, 2015, FIP III sold 5,000 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $79.00 to $79.39.
- 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 FIP III, which, after the transaction reported on this line, owns 48,354 Shares
- F4On August 21, 2015, Mr. Hovde, the reporting person, sold 2,600 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $79.00 to $79.39.
- F5Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 11,545 Shares.