Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-20-012317
Date:2020-06-13
Issuer: EPLUS INC (PLUS)
Original Submission Date:

Reporting Person:

MARION ELAINE D
13595 DULLES TECHNOLOGY DRIVE
HERNDON, VA 20171-3413

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-06-13 F 1,385 d $70.13 53,235 direct
COMMON STOCK 2020-06-14 F 1,003 d $70.13 52,232 direct
COMMON STOCK 2020-06-16 A 14,601 a $0.00 66,833 direct
COMMON STOCK 2020-06-17 F 5,123 d $71.91 61,710 direct
COMMON STOCK 2020-06-13 0 $0.00 212 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on june 13, 2019, and originally reported by the reporting person in a form 4 filed with the commission on june 14, 2019.
f2 represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on june 14, 2018, and originally reported by the reporting person in a form 4 filed with the commission on june 18, 2018.
f3 on june 16, 2020, ms. marion, an executive of eplus inc. (the "company") was granted a restricted stock award consisting of 14,601 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 2012 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.
f4 represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on june 17, 2015, and originally reported by the reporting person in a form 4 filed with the commission on june 17, 2015.
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