Eric D. Hovde - 25 Sep 2023 Form 4 Insider Report for EPLUS INC (PLUS)

Role: Director
Signature: /s/ Eric D. Hovde
Issuer symbol: PLUS
Transactions as of: 25 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Sep 2023, 17:14:52 UTC
Previous filing: 06 Sep 2023
Next filing: 04 Oct 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	+1,353	+7.8%	$0.000000	18,654	25 Sep 2023	Direct	F1
holding	PLUS	Common Stock						3,504	25 Sep 2023	Footnote	F2

* 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. Hovde, 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.
F2	Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 3,504 shares.

Content

On September 25, 2023, Mr. Hovde, 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.

Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 3,504 shares.