Bruce M. Bowen - Sep 25, 2023 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Director
Signature
/s/ Bruce M. Bowen
Stock symbol
PLUS
Transactions as of
Sep 25, 2023
Transactions value $
$0
Form type
4
Date filed
9/27/2023, 05:08 PM
Previous filing
Aug 15, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Award $0 +1.35K +41.97% $0.00 4.58K Sep 25, 2023 Direct F1
holding PLUS Common Stock 9.73K Sep 25, 2023 By Bruce Montague Bowen Trust
holding PLUS Common Stock 2.08K Sep 25, 2023 By Elizabeth Dederich Bowen Trust
holding PLUS Common Stock 13.2K Sep 25, 2023 By Bowen Holdings LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 25, 2023, Mr. Bowen, a director of ePlus inc. (the "Company"), was granted a restricted stock award consisting of 1,353 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2017 Non-Employee Director Long Term Incentive Plan (the "Plan") and are subject to a Restriction Period beginning on the grant date and ending on the first anniversary of the grant for one-half of the Restricted Shares, and ending on the second anniversary of the grant for the remaining one half of the Restricted Shares (the "Restriction Period"). As more fully described in the Plan, under certain other circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.