Eric D. Hovde - 01 Oct 2021 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Director
Signature
Eric D. Hovde
Issuer symbol
PLUS
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
4
Filing time
05 Oct 2021, 16:39:54 UTC
Previous filing
29 Sep 2021
Next filing
05 Jan 2022
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 +194 +0.64% $0.000000 30,537 01 Oct 2021 Direct F1
holding PLUS Common Stock 19,475 01 Oct 2021 Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 1, 2021, Mr. Hovde, a director of ePlus, was issued 194 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 10,198 shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 9,277 shares.