Eric D. Hovde - Apr 3, 2023 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Director
Signature
/s/ Eric D. Hovde
Stock symbol
PLUS
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 05:00 PM
Previous filing
Jan 5, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Award $0 +431 +0.78% $0.00 55.8K Apr 3, 2023 Direct F1
holding PLUS Common Stock 30.4K Apr 3, 2023 Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 3, 2023, Mr. Hovde, a director of ePlus, was issued 431 shares of common stock of the Company (the "Shares"). The Shares were issued pursuant to Mr. Hovde's election to receive the Shares in lieu of cash compensation as permitted under the Company's 2017 Non-Employee Director Long Term Incentive Plan.
F2 Mr. Hovde is the managing member of Hovde Capital Ltd., the general partner to Financial Institution Partners III LP, which owns 20,396 shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 10,000 shares.