SEC Form 4 · accession 0001019973-16-000022
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Nov 28, 2016
Accepted (ET)
Nov 30, 2016 · 4:45 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 28, 2016 | S | 6,817 | $112.10 | D | 76,207 | D | |
| Common StockF2 | Nov 29, 2016 | S | 1,144 | $112.48 | D | 75,063 | D | |
| Common StockF2 | Nov 30, 2016 | S | 1,700 | $111.47 | D | 73,363 | D | |
| Common StockF5 | holding | — | — | — | 40,000 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 28, 2016, Mr. Hovde, the reporting person, sold 6,817 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $111.05 to $112.55.
- 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 29, 2016, Mr. Hovde, the reporting person, sold 1,144 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $112.00 to $112.85.
- F4On November 30, 2016, Mr. Hovde, the reporting person, sold 1,700 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $111.00 to $111.75.
- F5Mr. 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.