Eric D. Hovde - 03 Jul 2023 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Director
Signature
/s/ Eric D. Hovde
Issuer symbol
PLUS
Transactions as of
03 Jul 2023
Net transactions value
$0
Form type
4
Filing time
06 Jul 2023, 17:23:10 UTC
Previous filing
05 Apr 2023
Next filing
30 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Award $0 +384 +0.69% $0.000000 56,203 03 Jul 2023 Direct F1
holding PLUS Common Stock 30,396 03 Jul 2023 Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 3, 2023, Mr. Hovde, a director of ePlus, was issued 384 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.