SEC Form 4 · accession 0001019973-15-000016
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Dec 10, 2015
Accepted (ET)
Dec 14, 2015 · 6:42 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,F3 | Dec 10, 2015 | S | 1,500 | $97.04 | D | 44,444 | I | Footnote |
| Common StockF2,F5 | Dec 11, 2015 | S | 2,300 | $96.97 | D | 42,144 | I | Footnote |
| Common StockF2,F7 | Dec 14, 2015 | S | 4,060 | $97.35 | D | 38,084 | I | Footnote |
| Common StockF8 | holding | — | — | — | 14,045 | I | Footnote | |
| Common Stock | holding | — | — | — | 162,185 | D |
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 December 10, 2015, FIP III sold 1,500 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $92.85 to $98.66.
- 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 44,444 Shares.
- F4Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On December 11, 2015, FIP III sold 2,300 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $94.40 to $96.98.
- 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 42,144 Shares.
- F6Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. ("FIP III"). On December 14, 2015, FIP III sold 4,060 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $96.73 to $97.79.
- 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 38,084 Shares.
- F8Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 14,045 Shares.