SEC Form 4 · accession 0001140361-16-080457
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
Sep 19, 2016
Accepted (ET)
Sep 21, 2016 · 5:21 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 | Sep 19, 2016 | S | 13,583 | $91.1784 | D | 80,931 | I | By J.A.P. Investment Group, L.P. |
| Common StockF1,F3 | Sep 20, 2016 | S | 4,857 | $90.3208 | D | 76,074 | I | By J.A.P. Investment Group, L.P. |
| Common StockF1,F4 | Sep 21, 2016 | S | 24,242 | $90.2745 | D | 51,832 | 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, and as amended on August 11, 2016.
- F2The transaction was executed in multiple trades at prices ranging from $90.13 to $91.67 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 $90.00 to $91.06 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 $90.00 to $90.38 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.