<SEC-DOCUMENT>0001019973-15-000004.txt : 20150223
<SEC-HEADER>0001019973-15-000004.hdr.sgml : 20150223
<ACCEPTANCE-DATETIME>20150223183258
ACCESSION NUMBER:		0001019973-15-000004
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150219
FILED AS OF DATE:		20150223
DATE AS OF CHANGE:		20150223

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOVDE ERIC D
		CENTRAL INDEX KEY:			0001019973
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34167
		FILM NUMBER:		15641320

	MAIL ADDRESS:	
		STREET 1:		122 W. WASHINGTON AVENUE
		STREET 2:		SUITE 350
		CITY:			MADISON
		STATE:			WI
		ZIP:			53703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
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    <schemaVersion>X0306</schemaVersion>

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    <periodOfReport>2015-02-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001022408</issuerCik>
        <issuerName>EPLUS INC</issuerName>
        <issuerTradingSymbol>PLUS</issuerTradingSymbol>
    </issuer>

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        <reportingOwnerId>
            <rptOwnerCik>0001019973</rptOwnerCik>
            <rptOwnerName>HOVDE ERIC D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>122 W. WASHINGTON AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 350</rptOwnerStreet2>
            <rptOwnerCity>MADISON</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53703</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
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    </reportingOwner>

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                <value></value>
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                <transactionPricePerShare>
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            <transactionTimeliness>
                <value></value>
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            <transactionAmounts>
                <transactionShares>
                    <value>798</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>80.67</value>
                    <footnoteId id="F2"/>
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                <transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>68579</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
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                <directOrIndirectOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
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                </transactionShares>
                <transactionPricePerShare>
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                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                </sharesOwnedFollowingTransaction>
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                    <footnoteId id="F10"/>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
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            <transactionTimeliness>
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            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
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                </transactionShares>
                <transactionPricePerShare>
                    <value>80.7</value>
                    <footnoteId id="F2"/>
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                <transactionAcquiredDisposedCode>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>31423</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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                    <footnoteId id="F12"/>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
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                <value>Common Stock</value>
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                <transactionCode>S</transactionCode>
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            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>399</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>80.67</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>31024</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Footnote</value>
                    <footnoteId id="F14"/>
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            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
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            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F15"/>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>50</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>80.7</value>
                    <footnoteId id="F2"/>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>30974</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Footnote</value>
                    <footnoteId id="F16"/>
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            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On February 19, 2015, Mr. Hovde, the reporting person, sold 312 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.70 to $80.70.</footnote>
        <footnote id="F2">Mr. Hovde, the reporting person, undertakes to provide upon request by the Securities and Exchange Commission staff, ePlus, or a security holder of ePlus, full information regarding the number of Shares sold at each separate price.</footnote>
        <footnote id="F3">On February 20, 2015, Mr. Hovde, the reporting person, sold 1,995 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.53 to $80.85.</footnote>
        <footnote id="F4">On February 23, 2015, Mr. Hovde, the reporting person, sold 250 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.70 to $80.70.</footnote>
        <footnote id="F5">Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. (&quot;FIP III&quot;). On February 19, 2015, FIP III sold 125 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.70 to $80.70.</footnote>
        <footnote id="F6">Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transactions reported on this line, owns 69,377 Shares.</footnote>
        <footnote id="F7">Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. (&quot;FIP III&quot;). On February 20, 2015, FIP III sold 798 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.53 to $80.85.</footnote>
        <footnote id="F8">Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transactions reported on this line, owns 68,579 Shares.</footnote>
        <footnote id="F9">Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to Financial Institution Partners III, L.P. (&quot;FIP III&quot;). On February 23, 2015, FIP III sold 100 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.70 to $80.70.</footnote>
        <footnote id="F10">Mr. Hovde is the managing member of Hovde Capital, Ltd., the general partner to FIP III, which, after the transactions reported on this line, owns 68,479 Shares.</footnote>
        <footnote id="F11">Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation (&quot;Foundation&quot;). On February 19, 2015, the Foundation sold 63 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.70 to $80.70.</footnote>
        <footnote id="F12">Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transactions reported on this line, owns 31,423 Shares.</footnote>
        <footnote id="F13">Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation (&quot;Foundation&quot;). On February 20, 2015, the Foundation sold 399 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.53 to $80.85.</footnote>
        <footnote id="F14">Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transactions reported on this line, owns 31,024 Shares.</footnote>
        <footnote id="F15">Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation (&quot;Foundation&quot;). On February 23, 2015, the Foundation sold 50 shares of the common stock of ePlus Inc (the &quot;Shares&quot;) at prices ranging from $80.70 to $80.70.</footnote>
        <footnote id="F16">Mr. Hovde is the trustee of The Eric D. and Steven D. Hovde Foundation, which, after the transactions reported on this line, owns 30,974 Shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Eric D. Hovde</signatureName>
        <signatureDate>2015-02-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
