-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IjuoOzEP1H2dy1PYuGdsYk73pVsZOUKknMlBLd8VdVs/o0doRkRpuJ4jcwK+YKYc QvL9rIOzDM29XQsKZzSVnw== 0001022408-11-000011.txt : 20110211 0001022408-11-000011.hdr.sgml : 20110211 20110211135110 ACCESSION NUMBER: 0001022408-11-000011 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110211 DATE AS OF CHANGE: 20110211 GROUP MEMBERS: A.J.P., INC. GROUP MEMBERS: J.A.P. INVESTMENT GROUP, L.P. SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-51049 FILM NUMBER: 11597337 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NORTON PHILLIP G CENTRAL INDEX KEY: 0001057485 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: C/O EPLUS INC. STREET 2: 13595 DULLES TECHNOLOGY DRIVE CITY: HERNDON STATE: VA ZIP: 20171-3413 SC 13G 1 sc13g.htm SCHEDULE 13G - 2010 NORTON sc13g.htm




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



SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)*



ePlus inc.
(Name of Issuer)

Common Stock, par value $0.01
(Title of Class of Securities)

294268107
(CUSIP Number)


December 31, 2010
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[   ] Rule 13d-1(b)

[   ] Rule 13d-1(c)

[X] Rule 13d-1(d)


*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


 
 
 

 

CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
Phillip G. Norton
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨
(b) ¨
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
241,707 shares
 
6
SHARED VOTING POWER
 
0 shares
 
7
SOLE DISPOSITIVE POWER
 
185,040 shares
 
8
SHARED DISPOSITIVE POWER
 
0 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
241,707 shares
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
    2.9%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
    IN
 



 
 

 

CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
A.J.P., Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨
(b) ¨
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Virginia
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
    0
 
6
SHARED VOTING POWER
 
2,040,000 shares
 
7
SOLE DISPOSITIVE POWER
 
    0
 
8
SHARED DISPOSITIVE POWER
 
2,040,000 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,040,000 shares
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
    24.1%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
    CO
 



 
 

 
CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
J.A.P. Investment Group, L.P.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) ¨
(b) ¨
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Virginia
 
 
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
    0
 
6
SHARED VOTING POWER
 
2,040,000 shares
 
7
SOLE DISPOSITIVE POWER
 
    0
 
8
SHARED DISPOSITIVE POWER
 
2,040,000 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,040,000 shares
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
¨
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
    24.1%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
    PN
 



 
 

 


Item 1 (a).
Name of Issuer:
ePlus inc.

Item 1 (b).
Address of Issuer’s Principal Executive Offices:
   
13595 Dulles Technology Drive
Herndon, Virginia   20171-3413

Item 2 (a).
Name of Person Filing:
   
Phillip G. Norton
A.J.P., Inc.
J.A.P. Investment Group, L.P.

Item 2 (b).
Address of Principal Business Office or, if none, Residence:
   
13595 Dulles Technology Drive
Herndon, Virginia   20171-3413

Item 2 (c).
Citizenship:
   
Phillip G. Norton, United States
A.J.P., Inc., Virginia
J.A.P. Investment Group, L.P., Virginia

Item 2 (d).
Title of Class of Securities:
   
Common Stock, par value $0.01 per share

Item 2 (e).
CUSIP Number:
   
294268107

Item 3.
If this Statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
     
(a)
  ¨
Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
     
(b)
  ¨
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
     
(c)
  ¨
Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
     
(d)
  ¨
Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
     
(e)
  ¨
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
     
(f)
  ¨
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
(g)
  ¨
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
     
(h)
  ¨
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
(i)
  ¨
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
     
(j)
  ¨
A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J);
     
(k)
  ¨
Group, in accordance with §240.13d-1(b)(1)(ii)(K).
     
   
If filing as a non-U.S. institution in accordance with § 240.13d – 1(b)(1)(ii)(J), please specify the type of institution:  ___________

Not applicable
 
 
 
 

 

Item 4.
Ownership
     
(a)
 
Amount beneficially owned:
   
2,281,707 shares

(b)
 
Percent of class:
   
27%

(c)
 
Number of shares as to which such person has:
 
   
(i)
Sole power to vote or to direct the vote
241,707 shares
   
(ii)
Shared power to vote or to direct the vote
2,040,000 shares
   
(iii)
Sole power to dispose or to direct the disposition of
185,040 shares
   
(iv)
Shared power to dispose or to direct the disposition of
2,040,000 shares

Item 5.
Ownership of Five Percent or Less of a Class
 
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [  ].
 
   
Not applicable.
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person
 
 
Shares held by the Reporting Persons include 2,040,000 shares held by J.A.P. Investment Group, L.P., a Virginia limited partnership, of which A.J.P. Inc., a Virginia corporation, is the sole general partner, and Patricia A. Norton, Phillip G. Norton, Jr., Andrew L. Norton, and Jeremiah O. Norton are the limited partners.  Patricia A. Norton, spouse of Phillip G. Norton, is the sole shareholder of A.J.P., Inc. Mr. Norton beneficially owns 56,667 shares of unvested restricted stock of which he has voting power, but not dispositive power.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person
   
   
Not applicable.

Item 8.
Identification and Classification of Members of the Group
   
   
Not applicable.

Item 9.
Notice of Dissolution of Group
   
   
Not applicable.

Item 10.
Certification
   
   
Not applicable.


 
 

 
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
  Dated:   February 11, 2011        
   
/s/ Phillip G. Norton
   
   
 Phillip G. Norton
   
   
 
   
 
 
 
                 February 11, 2011  
A.J.P., INC.
   
         
   
By:  /s/ Michael W. Scott
   
   
 Michael W. Scott
   
   
 President
   
 
 
 
                 February 11, 2011  
J.A.P. INVESTMENT GROUP, L.P.
   
         
   
By:  A.J.P., Inc.
   
   
 as General Partner
   
   
 
   
 
 
   
By:  /s/ Michael W. Scott
   
   
 Michael W. Scott
   
   
 President
   
 
 
 

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