SEC Form 4 · accession 0001019973-18-000004
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric D Hovde
Director
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 4:49 pm 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 Stock | Jun 12, 2018 | S | 600 | $93.50 | D | 50,369 | D | |
| Common StockF2 | Jun 13, 2018 | S | 2,079 | $93.89 | D | 48,290 | D | |
| Common StockF2 | Jun 14, 2018 | S | 10,000 | $96.06 | D | 38,290 | D | |
| Common StockF4 | Jun 12, 2018 | S | 261 | $93.50 | D | 23,950 | I | Footnote |
| Common StockF5 | Jun 13, 2018 | S | 2,975 | $93.65 | D | 20,975 | I | Footnote |
| Common StockF6 | Jun 13, 2018 | S | 704 | $93.75 | D | 20,271 | I | Footnote |
| Common StockF7 | Jun 13, 2018 | S | 1,796 | $93.59 | D | 18,475 | I | Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 13, 2018, Mr. Hovde, the reporting person, sold 2,079 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $93.75 to $94.00.
- 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 June 14, 2018, Mr. Hovde, the reporting person, sold 10,000 shares of the common stock of ePlus Inc (the "Shares") at prices ranging from $95.88 to $96.30.
- F4Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III LP, which owns 10,198 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 13,752 Shares.
- F5Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III LP, which owns 10,198 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 10,777 Shares.
- F6Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III LP, which owns 10,198 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 10,073 Shares.
- F7Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III LP, which owns 10,198 Shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transaction reported on this line, owns 8,277 Shares.