Elaine D. Marion - Jun 8, 2022 Form 4 Insider Report for EPLUS INC (PLUS)

Role
Chief Financial Officer
Signature
Elaine D. Marion
Stock symbol
PLUS
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
4
Date filed
6/10/2022, 05:21 PM
Previous filing
Oct 18, 2021
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUS Common Stock Award $0 +23.1K +42.15% $0.00 77.8K Jun 8, 2022 Direct F1, F2
holding PLUS Common Stock 54.4K Jun 8, 2022 By Elaine D. Marion Trust F3, F4
holding PLUS Common Stock 424 Jun 8, 2022 By IRA F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 8, 2022, Ms. Marion, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 23,065 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 On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 27,358 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 27,222 additional shares of common stock.
F4 The reporting person is a trustee and a beneficiary of the trust.
F5 On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's indirect ownership of 212 additional shares of common stock.