# EDGAR Filing Document

**Accession Number:** 0001444430
**File Stem:** 0001567619-23-002168
**Filing Date:** 2023-2
**Character Count:** 7063
**Document Hash:** 29a6f7fdc5d7d3a7e1734174450dbb7e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567619-23-002168.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001567619-23-002168

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230208

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Marion Elaine D
- **CENTRAL INDEX KEY:** 0001444430

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34167
- **FILM NUMBER:** 23606990

**MAIL ADDRESS:**
- **STREET 1:** 13595 DULLES TECHNOLOGY DRIVE
- **CITY:** HERNDON
- **STATE:** VA
- **ZIP:** 20171-3413
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EPLUS INC
- **CENTRAL INDEX KEY:** 0001022408
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045]
- **IRS NUMBER:** 541817218
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**BUSINESS ADDRESS:**
- **STREET 1:** 13595 DULLES TECHNOLOGY DRIVE
- **CITY:** HERNDON
- **STATE:** VA
- **ZIP:** 20171-3413
- **BUSINESS PHONE:** 7039848400

**MAIL ADDRESS:**
- **STREET 1:** 13595 DULLES TECHNOLOGY DRIVE
- **CITY:** HERNDON
- **STATE:** VA
- **ZIP:** 20171-3413

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MLC HOLDINGS INC
- **DATE OF NAME CHANGE:** 19960906

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Marion Elaine D<br><sub>(Last) (First) (Middle)</sub><br>13595 DULLES TECHNOLOGY DRIVE<br><sub>(Street)</sub><br>HERNDON, VA 20171-3413<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-08 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Financial Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>EPLUS INC [ PLUS ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-08 |  | S |  | 3157<sup>(1)</sup> | D | 56.1412<sup>(2)</sup> | 68962 | I | By Elaine D. Marion Trust<sup>(3)</sup> |
| Common Stock | 2023-02-08 |  | S |  | 10076<sup>(1)</sup> | D | 57.2638<sup>(4)</sup> | 58886 | I | By Elaine D. Marion Trust<sup>(3)</sup> |
| Common Stock | 2023-02-08 |  | S |  | 100<sup>(1)</sup> | D | $57.78 | 58786 | I | By Elaine D. Marion Trust<sup>(3)</sup> |
| Common Stock |  |  |  |  |  |  |  | 424 | I | By IRA |
| Common Stock |  |  |  |  |  |  |  | 50159 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) The transactions reported in this Form 4 were all effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2022.

(2) The transaction was executed in multiple trades at prices ranging from $55.76 to $56.73 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) The reporting person is a trustee and a beneficiary of the trust.

(4) The transaction was executed in multiple trades at prices ranging from $56.765 to $57.74 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.

**Signature:** Elaine D. Marion  
**Date:** 2023-02-09

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**