0001022408-15-000008.txt : 20150212 0001022408-15-000008.hdr.sgml : 20150212 20150212163710 ACCESSION NUMBER: 0001022408-15-000008 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150212 DATE AS OF CHANGE: 20150212 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-51049 FILM NUMBER: 15606843 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: BOWEN BRUCE M CENTRAL INDEX KEY: 0001057486 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O EPLUS INC. STREET 2: 13595 DULLES TECHNOLOGY DRIVE CITY: HERNDON STATE: VA ZIP: 20171-3413 SC 13G/A 1 sc13ga.htm SCHEDULE 13G AMENDMENT - 2014 BOWEN
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 6)*



ePlus inc.
(Name of Issuer)

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

294268107
(CUSIP Number)


December 31, 2014
(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).


 
 
 




Page 2 of 9
CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
Bruce M. Bowen
 
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
 
5,309 shares
 
6
SHARED VOTING POWER
 
98,381 shares
 
7
SOLE DISPOSITIVE POWER
 
0 shares
 
8
SHARED DISPOSITIVE POWER
 
98,381 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
103,690 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)
 
1.4%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
IN
 


Page 3 of 9

CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
Bowen Holdings LLC
 
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
 
95,500 shares
 
7
SOLE DISPOSITIVE POWER
 
0
 
8
SHARED DISPOSITIVE POWER
 
95,500 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
95,500 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)
 
1.3%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
OO
 



Page 4 of 9
CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
Bruce Montague Bowen Trust
 
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 shares
 
6
SHARED VOTING POWER
 
1,441 shares
 
7
SOLE DISPOSITIVE POWER
 
0 shares
 
8
SHARED DISPOSITIVE POWER
 
1,441 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,441 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)
 
Less than 1%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
OO
 


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CUSIP NO. 294268107
 

1
NAME OF REPORTING PERSONS
 
Elizabeth Dederich Bowen Trust
 
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 shares
 
6
SHARED VOTING POWER
 
1,440 shares
 
7
SOLE DISPOSITIVE POWER
 
0 shares
 
8
SHARED DISPOSITIVE POWER
 
1,440 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,440 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)
 
Less than 1%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
OO
 


Page 6 of 9
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:
 
 
Bruce M. Bowen
Bowen Holdings LLC
Bruce Montague Bowen Trust
Elizabeth Dederich Bowen Trust

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

Item 2 (c).
Citizenship:
 
 
Bruce M. Bowen, United States
Bowen Holdings LLC, a Virginia limited liability company
Bruce Montague Bowen Trust, a Virginia Trust
Elizabeth Dederich Bowen Trust, a Virginia Trust

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:  ___________
 
 

Page 7 of 9
Not applicable
Item 4.
Ownership
 
 
 
(a)
 
Amount beneficially owned:
 
 
103,690 shares

(b)
 
Percent of class:
 
 
1.4%

(c)
 
Number of shares as to which such person has:
 
 
 
(i)
Sole power to vote or to direct the vote
5,309 shares
 
 
(ii)
Shared power to vote or to direct the vote
98,381 shares
 
 
(iii)
Sole power to dispose or to direct the disposition of
0 shares
 
 
(iv)
Shared power to dispose or to direct the disposition of
98,381 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 [X].
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person
 
 
Mr. Bowen is the beneficial owner of the Bruce Montague Bowen Trust.  Elizabeth D. Bowen, Mr. Bowen's spouse, is the beneficial owner of the Elizabeth Dederich Bowen Trust.  As of December 31, 2014, Mr. Bowen beneficially owned 5,309 shares of unvested restricted stock of which he has voting power.  Mr. Bowen beneficially owns 95,500 shares of ePlus common stock held by Bowen Holdings, LLC, in which he has shared dispositive and voting 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.
 
 

 

Page 8 of 9
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, 2015
 
 
 
 
 
 
/s/ Bruce M. Bowen
 
 
 
 
 Bruce M. Bowen
 
 
         
         
         
               February 11, 2015
 
BOWEN HOLDINGS LLC
 
 
 
 
 
 
 
 
 
By:  /s/ Bruce M. Bowen
 
 
 
 
 Bruce M. Bowen
 
 
 
 
 Manager
 
 
         
         
         
               February 11, 2015
 
Bruce Montague Bowen Trust
 
 
       
 
   
By:  /s/ Bruce M. Bowen
 
 
 
 
 Bruce M.Bowen
 
 
 
 
 Trustee
 
 
         
         
         
               February 11, 2015
 
Elizabeth Dederich Bowen Trust
 
 
 
 
 
 
 
 
 
By:  /s/ Elizabeth D. Bowen
 
 
 
 
 Elizabeth D. Bowen
 
 
 
 
 Trustee
 
 


 

Page 9 of 9
Exhibit Index


Exhibit No.
 
Document
     
1
 
Joint Filing Agreement, dated February 13, 2013, by and among Bruce M Bowen, Bowen Holdings LLC, Bruce Montague Bowen Trust and Elizabeth Dederich Bowen Trust (collectively, the "Holders") to file a joint statement on Schedule 13G and any amendment thereto (incorporated herein by reference to Exhibit 1 to Amendment No. 4 to Schedule 13G filed by the Holders on February 14, 2013).