SEC Form 4 · accession 0001019973-16-000018
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Nov 8, 2016
Accepted (ET)
Nov 10, 2016 · 5:48 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 | Nov 8, 2016 | S | 1,529 | $96.13 | D | 161,495 | D | |
| Common StockF2 | Nov 9, 2016 | S | 9,057 | $97.04 | D | 152,438 | D | |
| Common StockF2 | Nov 10, 2016 | S | 11,822 | $99.67 | D | 140,616 | D | |
| Common StockF5 | holding | — | — | — | 52,129 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 8, 2016, Mr. Hovde, the reporting person, sold 1,529 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $96.25 to $96.05.
- 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 November 9, 2016, Mr. Hovde, the reporting person, sold 9,057 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $97.15 to $97.00.
- F4On November 10, 2016, Mr. Hovde, the reporting person, sold 11,822 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $100.40 to $99.00.
- F5Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which owns 38,084 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 14,045 Shares.