sc13ga.htm
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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. 4)*



ePlus inc.
(Name of Issuer)

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

294268107
(CUSIP Number)


December 31, 2012
(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 10
 
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
 
17,276 shares
 
6
SHARED VOTING POWER
 
494,961 shares
 
7
SOLE DISPOSITIVE POWER
 
0 shares
 
8
SHARED DISPOSITIVE POWER
 
494,961 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
512,237 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)
 
6.3%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
IN
 


 
 
 
 
 
Page 3 of 10

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
 
300,000 shares
 
7
SOLE DISPOSITIVE POWER
 
0
 
8
SHARED DISPOSITIVE POWER
 
300,000 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
300,000 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)
 
3.7%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
OO
 


 
 
 
 
 
Page 4 of 10
 
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
 
6,781 shares
 
7
SOLE DISPOSITIVE POWER
 
0 shares
 
8
SHARED DISPOSITIVE POWER
 
6,781 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,781 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 0.1%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
OO
 


 
 
 
 
 
Page 5 of 10
 
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
 
6,780 shares
 
7
SOLE DISPOSITIVE POWER
 
0 shares
 
8
SHARED DISPOSITIVE POWER
 
6,780 shares
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,780 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 0.1%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
OO
 


 
 
 
 
 
Page 6 of 10
 
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:  ___________

Not applicable
 
 
 
 
 
 
 
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Item 4.
Ownership
     
(a)
  
Amount beneficially owned:
   
512,237 shares

(b)
  
Percent of class:
   
6.3%

(c)
  
Number of shares as to which such person has:
 
   
(i)
Sole power to vote or to direct the vote
17,276 shares
   
(ii)
Shared power to vote or to direct the vote
494,961 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
494,961 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
 
 
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, 2012, Mr. Bowen beneficially owned 17,276 shares of unvested restricted stock of which he has voting power.  Mr. Bowen beneficially owns 300,000 shares of ePlus common stock held by Bowen Holdings, LLC, in which he has shared dispositive and voting power. Mr. Bowen also beneficially owns 181,400 shares that he holds jointly as tenants by the entirety with Mrs. Bowen, 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 10
 
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 13, 2013
        
   
/s/ Bruce M. Bowen
    
   
 Bruce M. Bowen
    
         
         
         
                February 13, 2013
  
BOWEN HOLDINGS LLC
    
         
   
By:  /s/ Bruce M. Bowen
    
   
 Bruce M. Bowen
    
   
 Manager
    
         
         
         
                February 13, 2013
  
Bruce Montague Bowen Trust
    
         
   
By:  /s/ Bruce M. Bowen
    
   
 Bruce M.Bowen
    
   
 Trustee
    
         
         
         
                February 13, 2013
  
Elizabeth Dederich Bowen Trust
    
         
   
By:  /s/ Elizabeth D. Bowen
    
   
 Elizabeth D. Bowen
    
   
 Trustee
    
 


 
 
 
 
 
Page 9 of 10
 
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 to file this joint statement on Schedule 13G.

 
 
 
 
 
 
EXHIBIT 1
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JOINT FILING AGREEMENT

Pursuant to Rule 13d-1(k)(1)(iii) of the Securities Exchange Act of 1934, each of the undersigned agrees that a single joint Schedule 13G and any amendment thereto may be filed on behalf of each of the undersigned with respect to the securities held by each of them in ePlus inc.

 
  Date   February 13, 2013
        
   
/s/ Bruce M. Bowen
    
   
 Bruce M. Bowen
    
         
         
         
       
  
BOWEN HOLDINGS LLC
    
         
   
By:  /s/ Bruce M. Bowen
    
   
 Bruce M. Bowen
    
   
 Manager
    
         
         
         
          
  
BRUCE MONTAGUE BOWEN TRUST
    
         
   
By:  /s/ Bruce M. Bowen
    
   
 Bruce M.Bowen
    
   
 Trustee
    
         
         
         
          
  
ELIZABETH DEDERICH BOWEN TRUST
    
         
   
By:  /s/ Elizabeth D. Bowen
    
   
 Elizabeth D. Bowen
    
   
 Trustee