EPLUS INC 4
4 · EPLUS INC · Filed Sep 28, 2016
Insider Transaction Report
Form 4
EPLUS INCPLUS
Herman Lawrence S
Director
Transactions
- Award
Common Stock
2016-09-26+839→ 7,574 total
Footnotes (1)
- [F1]On September 26, 2016, Mr. Herman, a director of ePlus inc. (the "Company"), was granted a restricted stock award consisting of 839 shares of common stock of the Company (the "Restricted Shares"). The Restricted Shares were granted pursuant to the Company's 2008 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.