EPLUS INC 10-Q

Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS The following table provides information regarding our total purchases of 203,429 shares of e Plus inc. common stock during the nine months ended December 31, 2021, including a total of 147,999 shares purchased as part of the publicly announced share repurchase plans or programs. The numbers of shares and price per share for the prior periods presented in the table have been retroactively restated to reflect the stock split. See Note 11 “Stockholders’ Equity” in the consolidated financial statements included elsewhere in this report for additional information on the stock split. Period Total number of shares purchased (1) Average price paid per share Total number of shares purchased as part of publicly announced plans or programs Maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs April 1, 2021 through April 30, 2021 - $ - - 881,798 (2 ) May 1, 2021 through May 27, 2021 1,998 $ 50.40 - 881,798 (3 ) May 28, 2021 through May 31, 2021 - $ - - 1,000,000 (4 ) June 1, 2021 through June 30, 2021 88,690 $ 45.21 35,258 964,742 (5 ) July 1, 2021 through July 31, 2021 62,798 $ 44.00 62,798 901,944 (6 ) August 1, 2021 through August 31, 2021 - $ - - 901,944 (7 ) September 1, 2021 through September 30, 2021 - $ - - 901,944 (8 ) October 1, 2021 through October 31, 2021 - $ - - 901,944 (9 ) November 1, 2021 through November 30, 2021 - $ - - 901,944 (10 ) December 1, 2021 through December 31, 2021 49,943 $ 51.90 49,943 852,001 (11 ) (1) All shares acquired were in open-market purchases, except for 55,430 shares, out of which 1,998 were repurchased in May 2021 and 53,432 in June 2021 to satisfy tax withholding obligations that arose due to the vesting of shares of restricted stock. (2) The share purchase authorization in place for the month ended April 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of April 30, 2021, the remaining authorized shares to be purchased were 881,798. (3) As of May 27, 2021, the authorization under the then-existing share repurchase plan expired. (4) On March 18, 2021, the board of directors authorized the company to repurchase up to 1,000,000 shares of our outstanding common stock commencing on May 28, 2021, and continuing to May 27, 2022. As of May 31, 2021, the remaining authorized shares to be purchased were 1,000,000. (5) The share purchase authorization in place for the month ended June 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of June 30, 2021, the remaining authorized shares to be purchased were 964,742. 46 Table of Contents (6) The share purchase authorization in place for the month ended July 31, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of July 31, 2021, the remaining authorized shares to be purchased were 901,944. (7) The share purchase authorization in place for the month ended August 31, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of August 31, 2021, the remaining authorized shares to be purchased were 901,944. (8) The share purchase authorization in place for the month ended September 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of September 30, 2021, the remaining authorized shares to be purchased were 901,944. (9) The share purchase authorization in place for the month ended October 31, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of October 31, 2021, the remaining authorized shares to be purchased were 901,944. (10) The share purchase authorization in place for the month ended November 30, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of November 30, 2021, the remaining authorized shares to be purchased were 901,944. (11) The share purchase authorization in place for the month ended December 31, 2021, had purchase limitations on the number of shares of up to 1,000,000 shares. As of December 31, 2021, the remaining authorized shares to be purchased were 852,001. The timing and expiration date of the current stock repurchase authorizations are included in Note 11 , “Stockholders’ Equity” to our unaudited consolidated financial statements included elsewhere in this report. Item 3. DEFAULTS UPON SENIOR SECURITIES Not Applicable. Item 4. MINE SAFETY DISCLOSURES Not Applicable.