SEC Form 4 · accession 0001019973-16-000021
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 11:01 am 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 21, 2016 | S | 6,000 | $107.29 | D | 90,122 | D | |
| Common StockF2 | Nov 22, 2016 | S | 7,098 | $110.17 | D | 83,024 | D | |
| Common StockF4 | holding | — | — | — | 40,000 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 21, 2016, Mr. Hovde, the reporting person, sold 6,000 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $108.05 to $106.50.
- 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 22, 2016, Mr. Hovde, the reporting person, sold 7,098 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $111.40 to $107.90.
- F4Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which owns 30,000 shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 10,000 shares.