Eric D. Hovde - Jan 3, 2022 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Director
Signature
Eric D. Hovde
Stock symbol
PLUS
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 04:22 PM
Previous filing
Oct 5, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Award $0 +377 +0.62% $0.00 61.5K Jan 3, 2022 Direct F1, F2
holding PLUS Common Stock 39K Jan 3, 2022 Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 3, 2022, Mr. Hovde, a director of ePlus, was issued 377 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 On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 30,537 additional shares of common stock.
F3 On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 19,475 additional shares of common stock.
F4 Mr. Hovde is the managing member of Hovde Capital Ltd., the general partner to Financial Institution Partners III LP, which owns 20,396 shares. Mr. Hovde is a trustee of The Eric D. and Steven D. Hovde Foundation, which owns 18,554 shares.