Filing Details

Accession Number:
0001022408-24-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-18 18:07:11
Reporting Period:
2024-06-14
Accepted Time:
2024-06-18 18:07:11
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
1444430 D Elaine Marion 13595 Dulles Technology Drive
Herndon VA 20171-3413
Chief Financial Officer No No No 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 Acquisiton 2024-06-14 18,574 $0.00 64,462 No 4 A Direct
Common Stock Disposition 2024-06-14 2,742 $73.46 61,720 No 4 F Direct
Common Stock Disposition 2024-06-15 3,914 $72.68 57,806 No 4 F Direct
Common Stock Disposition 2024-06-17 2,800 $72.92 56,196 No 4 S Indirect By Elaine D. Marion Trust
Common Stock Disposition 2024-06-17 1,800 $74.02 54,396 No 4 S Indirect By Elaine D. Marion Trust
Common Stock Disposition 2024-06-17 400 $74.57 53,996 No 4 S Indirect By Elaine D. Marion Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 F Direct
No 4 S Indirect By Elaine D. Marion Trust
No 4 S Indirect By Elaine D. Marion Trust
No 4 S Indirect By Elaine D. Marion Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 424 Indirect By IRA
Footnotes
  1. On June 14, 2024, Ms. Marion, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 18,574 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 2021 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.
  2. Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 14, 2023, and originally reported by the reporting person in a Form 4 filed with the Commission on June 16, 2023.
  3. Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 15, 2021, and originally reported by the reporting person in a Form 4 filed with the Commission on June 17, 2021.
  4. The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023.
  5. The transaction was executed in multiple trades at prices ranging from $72.43 to $73.42 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.
  6. The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries.
  7. The transaction was executed in multiple trades at prices ranging from $73.43 to $74.32 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.
  8. The transaction was executed in multiple trades at prices ranging from $74.44 to $74.75 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.