| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PLUS | Common Stock | Award | $0 | +18.6K | +40.48% | $0.00 | 64.5K | Jun 14, 2024 | Direct | F1 |
| transaction | PLUS | Common Stock | Tax liability | -$201K | -2.74K | -4.25% | $73.46 | 61.7K | Jun 14, 2024 | Direct | F2 |
| transaction | PLUS | Common Stock | Tax liability | -$284K | -3.91K | -6.34% | $72.68 | 57.8K | Jun 15, 2024 | Direct | F3 |
| transaction | PLUS | Common Stock | Sale | -$204K | -2.8K | -4.75% | $72.92 | 56.2K | Jun 17, 2024 | By Elaine D. Marion Trust | F4, F5, F6 |
| transaction | PLUS | Common Stock | Sale | -$133K | -1.8K | -3.2% | $74.02 | 54.4K | Jun 17, 2024 | By Elaine D. Marion Trust | F4, F6, F7 |
| transaction | PLUS | Common Stock | Sale | -$29.8K | -400 | -0.74% | $74.57 | 54K | Jun 17, 2024 | By Elaine D. Marion Trust | F4, F6, F8 |
| holding | PLUS | Common Stock | 424 | Jun 14, 2024 | By IRA |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 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. |
| F3 | 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. |
| F4 | 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. |
| F5 | 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. |
| F6 | The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries. |
| F7 | 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. |
| F8 | 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. |