SEC Form 4 · accession 0001140361-16-073249
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P Marron
Officer — Chief Operating Officer
Period of report
Jul 21, 2016
Accepted (ET)
Jul 25, 2016 · 4:52 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 StockF1 | Jul 21, 2016 | A | 10,000 | $0.00 | A | 68,938 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 21, 2016, Mr. Marron, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 10,000 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 three years, with one-third of the shares vesting on each of the next three 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.