SEC Form 4 · accession 0001140361-15-024638

EPLUS INC · PLUS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Jun 17, 2015

Accepted (ET)

Jun 17, 2015 · 5:41 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^F1	Jun 17, 2015	A	30,000	$0.00	A	71,599	D
Common Stock^F2,F3	Jun 17, 2015	S	5,000	$81.3982	D	66,599	D
Common Stock	holding	—	—		—	106	I	By IRA

No Table II lines on this filing.

F1On June 17, 2015, Ms. Marion, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 30,000 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted by the Company's Compensation Committee, pursuant to the Company's 2012 Employee Long-Term Incentive Plan. The Restricted Shares are subject to a restriction period of five years, with one-fifth of the shares vesting on each of the next five annual anniversaries of the grant. As more fully described in the Plan, under certain circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.
F2The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2015.
F3The transaction was executed in multiple trades at prices ranging from $80.51 to $82.37 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.