<SEC-DOCUMENT>0001022408-25-000017.txt : 20250214
<SEC-HEADER>0001022408-25-000017.hdr.sgml : 20250214
<ACCEPTANCE-DATETIME>20250214162338
ACCESSION NUMBER:		0001022408-25-000017
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250106
FILED AS OF DATE:		20250214
DATE AS OF CHANGE:		20250214

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ballenger Melissa J
		CENTRAL INDEX KEY:			0001393668
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34167
		FILM NUMBER:		25629368

	MAIL ADDRESS:	
		STREET 1:		3528 BARRETTS FERRY DRIVE
		CITY:			WILLIAMSBURG
		STATE:			VA
		ZIP:			23185

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EPLUS INC
		CENTRAL INDEX KEY:			0001022408
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045]
		ORGANIZATION NAME:           	07 Trade & Services
		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
</SEC-HEADER>
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<TYPE>4/A
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<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2025-01-06</periodOfReport>

    <dateOfOriginalSubmission>2025-01-07</dateOfOriginalSubmission>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001393668</rptOwnerCik>
            <rptOwnerName>Ballenger Melissa J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3528 BARRETTS FERRY DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WILLIAMSBURG</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>23185</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-01-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1047</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1047</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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    <footnotes>
        <footnote id="F1">On January 6, 2025, Ms. Ballenger, a newly appointed director of ePlus inc. (the &quot;Company&quot;) was granted a restricted stock award consisting of 1,047 shares of common stock of the Company (the &quot;Restricted Shares&quot;). The Restricted Shares were granted pursuant to the Company's 2024 Non-Employee Director Long Term Incentive Plan (the &quot;Plan&quot;) and are subject to a Restriction Period that ends on the earlier of October 1, 2025, or the date of the Company's annual stockholder meeting that next follows after the date that the Award was granted (the &quot;Restriction Period&quot;). 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.</footnote>
        <footnote id="F2">The original Form 4, filed on January 7, 2025, reported that 1,074 Restricted Shares were granted to Ms. Ballenger, inadvertently transposing the last two digits in the number of Restricted Shares granted. This Form 4 amendment corrects this inadvertent typographical error, reporting that Ms. Ballenger was in fact granted 1,047 Restricted Shares.</footnote>
    </footnotes>

    <remarks>Exhibit List - Exhibit 24 - Limited Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Erica S. Stoecker, attorney-in-fact</signatureName>
        <signatureDate>2025-02-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>poa_mballenger.htm
<DESCRIPTION>LIMITED POWER OF ATTORNEY
<TEXT>
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    <div style="text-align: right; font-weight: bold;"> EXHIBIT 24<br>
    </div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-weight: bold;">LIMITED POWER OF ATTORNEY</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">Know all by these presents, that the undersigned hereby constitutes and appoints Erica S. Stoecker and Elaine D. Marion, and with full power of substitution, the undersigned's true and lawful
      attorney&#8209;in&#8209;fact to:</div>
    <div><br>
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              <div style="text-align: left; margin-left: 18pt;">1.</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">Prepare, execute in the undersigned&#8217;s name and on the undersigned&#8217;s behalf, and submit to the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) a Form ID, including amendments thereto, and any other
                documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) or any rule
                or regulation of the SEC;</div>
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              <div style="text-align: left; margin-left: 18pt;">2.</div>
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            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify;">take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney&#8209;in&#8209;fact, may be of benefit to, in the best interest of, or legally required by, the
                undersigned, it being understood that the documents executed by such attorney&#8209;in&#8209;fact on behalf of the undersigned pursuant to this Limited Power of Attorney shall be in such form and shall contain such terms and conditions as such
                attorney&#8209;in&#8209;fact may approve in such attorney&#8209;in&#8209;fact's discretion.</div>
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    <div style="text-align: justify; text-indent: 36pt;">The undersigned hereby grants to each such attorney&#8209;in&#8209;fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the
      exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such
      attorney&#8209;in&#8209;fact, or such attorney&#8209;in&#8209;fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Limited Power of Attorney and the rights and powers herein granted.&#160; The undersigned acknowledges that the foregoing
      attorney&#8209;in&#8209;fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the ePlus inc. assuming, any of the undersigned's responsibilities to comply with Section&#160;16 of the Exchange Act.</div>
    <div><br>
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    <div style="text-align: justify; text-indent: 36pt;">IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be executed as of this 10th day of December, 2024.</div>
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            <div style="text-align: justify;">/s/ Melissa J. Ballenger<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 161.85pt"> Me</font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: justify;">Signature</div>
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          <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">Melissa J. Ballenger<br>
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            <div style="text-align: justify;">Print Name</div>
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            <div style="text-align: justify;">Witness:</div>
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            <div style="text-align: justify;">/s/ Geoffrey Ballenger<font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 171pt"></font></div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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          <td style="width: 50%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">Geoffrey Ballenger<br>
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            <div style="text-align: justify;">Print Name</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
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