Form 4 for PLUS EPLUS INC
Accepted 2024-06-18 00:00:00 ET · period of report 2024-06-14 · accession 0001022408-24-000040 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MTI | 2024-06-18 | 2024-06-17 | PLUS | Marion Elaine D | CFO | S - Sale | $73.45 | -5,000 | 54.0K | -8% | -$367.2K |
| T | 2024-06-18 | 2024-06-14 | PLUS | Marion Elaine D | CFO | A - Grant | $0.00 | +18.6K | 64.5K | +40% | $0 |
| MT | 2024-06-18 | 2024-06-14+ | PLUS | Marion Elaine D | CFO | F - Tax | $73.00 | -6,656 | 61.7K | -10% | -$485.9K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-17 | S | D | 2,800 | $72.92 | 56,196 | I | — | — | (F4) The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023. (F5) The transaction was executed in multiple trades at prices ranging from $72.43 to $73.42 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected. |
| 2 | Common | Common Stock | 2024-06-17 | S | D | 1,800 | $74.02 | 54,396 | I | — | — | (F4) The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023. (F7) The transaction was executed in multiple trades at prices ranging from $73.43 to $74.32 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2024-06-17 | S | D | 400 | $74.57 | 53,996 | I | — | — | (F4) The transaction reported on this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2023. (F8) The transaction was executed in multiple trades at prices ranging from $74.44 to $74.75 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected. |
| 4 | Common | Common Stock | 2024-06-14 | A | A | 18,574 | $0.00 | 64,462 | D By Elaine D. Marion Trust | — | — | (F1) On June 14, 2024, Ms. Marion, an executive of ePlus inc. (the "Company") was granted a restricted stock award consisting of 18,574 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. (F6) The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries. |
| 5 | Common | Common Stock | 2024-06-15 | F | D | 3,914 | $72.68 | 57,806 | D By Elaine D. Marion Trust | — | — | (F3) Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 15, 2021, and originally reported by the reporting person in a Form 4 filed with the Commission on June 17, 2021. (F6) The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries. |
| 6 | Common | Common Stock | 2024-06-14 | F | D | 2,742 | $73.46 | 61,720 | D By Elaine D. Marion Trust | — | — | (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, 2023, and originally reported by the reporting person in a Form 4 filed with the Commission on June 16, 2023. (F6) The shares are held in a revocable trust, of which the reporting person and his spouse are the sole trustees and beneficiaries. |