Filing Details

Accession Number:
0001140361-14-019222
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-07 12:23:51
Reporting Period:
2014-05-05
Filing Date:
2014-05-07
Accepted Time:
2014-05-07 11:23:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1022408 Eplus Inc PLUS Wholesale-Computers & Peripheral Equipment & Software (5045) 541817218
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1057485 G Phillip Norton 13595 Dulles Technology Drive
Herndon VA 20171-3413
President And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-05-05 198,730 $47.50 69,062 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 890,904 Indirect By J.A.P. Investment Group, L.P.
Footnotes
  1. Pursuant to an underwriting agreement dated April 29, 2014, by and among the Company, Stifel, Nicolaus and William Blair (together with underwriters named in Schedule I thereto, "Underwriters"), and the selling stockholders named therein ( "Selling Stockholders"), the Underwriters purchased from the Selling Stockholders and the Selling Stockholders sold to the Underwriters an aggregate of 1,573,913 shares of Common Stock ( "Offering"), which includes 198,730 shares by the Reporting Person. Pursuant to the final prospectus filed on May 1, 2014, the public offering price of Common Stock was $50.00 per share and the underwriting discount was $2.50 per share. Accordingly, the Reporting Person sold an aggregate of 198,730 shares of Common Stock in such Sale to the Underwriters and received $47.50 per share (net of underwriting discounts and commissions) for an aggregate amount of $9,439,675. In addition, J.A.P. Investment Group, L.P. sold an additional 1,149,096 shares in the Offering.