Ben Xiang - Sep 26, 2022 Form 4 Insider Report for EPLUS INC (PLUS)

Role: Director
Signature: Ben Xiang
Stock symbol: PLUS
Transactions as of: Sep 26, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/28/2022, 05:28 PM
Previous filing: Sep 29, 2021
Next filing: Sep 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLUS	Common Stock	Award	$0	+2.05K	+33.01%	$0.00	8.27K	Sep 26, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 26, 2022, Mr. Xiang, a director of ePlus inc. (the "Company"), was granted a restricted stock award consisting of 2,052 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2017 Non-Employee Director Long Term Incentive Plan (the "Plan") and are subject to a Restriction Period beginning on the grant date and ending on the first anniversary of the grant for one-half of the Restricted Shares, and ending on the second anniversary of the grant for the remaining one half of the Restricted Shares (the "Restriction Period"). As more fully described in the Plan, under certain other 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 direct ownership of 3,108 additional shares of common stock.

Content

On September 26, 2022, Mr. Xiang, a director of ePlus inc. (the "Company"), was granted a restricted stock award consisting of 2,052 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2017 Non-Employee Director Long Term Incentive Plan (the "Plan") and are subject to a Restriction Period beginning on the grant date and ending on the first anniversary of the grant for one-half of the Restricted Shares, and ending on the second anniversary of the grant for the remaining one half of the Restricted Shares (the "Restriction Period"). As more fully described in the Plan, under certain other circumstances the restrictions may lapse, or the shares may be forfeited and transferred back to the Company.

On December 13, 2021, the common stock of ePlus inc. split 2-for-1, resulting in the reporting person's direct ownership of 3,108 additional shares of common stock.