SEC Form 4 · accession 0001140361-16-076759
EPLUS INC · PLUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip G Norton
Officer — Executive Chairman · Director
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 5:29 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,F2 | Aug 11, 2016 | S | 6,030 | $87.8112 | D | 109,264 | I | By J.A.P. Investment Group, L.P. |
| Common StockF1,F3 | Aug 12, 2016 | S | 10,000 | $86.4005 | D | 99,264 | I | By J.A.P. Investment Group, L.P. |
| Common StockF1,F4 | Aug 15, 2016 | S | 4,750 | $85.7509 | D | 94,514 | I | By J.A.P. Investment Group, L.P. |
| Common Stock | holding | — | — | — | 38,702 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2016.
- F2The transaction was executed in multiple trades at prices ranging from $86.95 to $89.61 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.
- F3The transaction was executed in multiple trades at prices ranging from $84.82 to $87.19 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.
- F4The transaction was executed in multiple trades at prices ranging from $85.49 to $86.34 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.