Bruce M. Bowen - Jul 1, 2021 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Director
Signature
Bruce M. Bowen
Stock symbol
PLUS
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/6/2021, 04:36 PM
Next filing
Sep 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Award $0 +235 +7.26% $0.00 3.47K Jul 1, 2021 Direct F1
holding PLUS Common Stock 3.51K Jul 1, 2021 By Bruce Montague Bowen Trust
holding PLUS Common Stock 1.04K Jul 1, 2021 By Elizabeth Dederich Bowen Trust
holding PLUS Common Stock 6.6K Jul 1, 2021 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 July 1, 2021, Mr. Bowen, a director of ePlus, was issued 235 restricted shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were issued pursuant to Mr. Bowen's election to receive the Restricted Shares in lieu of cash compensation as permitted under the Company's 2017 Non-Employee Director Long Term Incentive Plan (the "Plan"). The Restricted Shares are subject to a Restriction Period beginning on the issue date and ending on the first anniversary of issuance for one-half of the Restricted Shares, and ending on the second anniversary of the issuance for the remaining one half of the Restricted Shares (the "Restriction Period"). As more fully described in the Plan, under certain circumstances the restrictions may lapse.