Eplus Inc. DEF 14A: Executive Compensation Details

TL;DR

Eplus Inc. DEF 14A out: exec comp, stock awards detailed for FY20-FY24. Check it.

AI Summary

Eplus Inc. filed a DEF 14A on July 23, 2024, for the fiscal year ending September 12, 2024. The filing details executive compensation and other corporate governance matters. Key information includes stock awards granted and their fair values for fiscal years 2020 through 2024, with specific figures for PEO and Non-PEO members.

Why It Matters

This filing provides transparency into how Eplus Inc. compensates its top executives, which can influence investor decisions and perceptions of the company's governance.

Risk Assessment

Risk Level: medium — DEF 14A filings often contain information about executive compensation and corporate governance that can signal potential risks or opportunities to investors.

Key Numbers

• FY2020-2024 — Fiscal Years Covered (Stock award and compensation data spans these fiscal years.)

Key Players & Entities

• EPLUS INC (company) — Filer of the DEF 14A
• 0001022408-24-000059.txt (document) — Accession number for the filing
• 20240723 (date) — Filing date
• 20240912 (date) — Conformed period of report

FAQ

Filing Documents

• ef20032701_def14a.htm (DEF 14A) — 1500KB
• image00001.jpg (GRAPHIC) — 5KB
• image00003.jpg (GRAPHIC) — 28KB
• image00004.jpg (GRAPHIC) — 25KB
• image00005.jpg (GRAPHIC) — 26KB
• image00006.jpg (GRAPHIC) — 74KB
• image00007.jpg (GRAPHIC) — 72KB
• image00009.jpg (GRAPHIC) — 94KB
• image00010.jpg (GRAPHIC) — 1006KB
• image00011.jpg (GRAPHIC) — 1KB
• 0001022408-24-000059.txt ( ) — 5758KB
• plus-20240912.xsd (EX-101.SCH) — 6KB
• plus-20240912_def.xml (EX-101.DEF) — 7KB
• plus-20240912_lab.xml (EX-101.LAB) — 45KB
• plus-20240912_pre.xml (EX-101.PRE) — 26KB
• ef20032701_def14a_htm.xml (XML) — 310KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 22 PROPOSAL 2 – Advisory Vote to Approve Named Executive Officer Compensation 22 COMPENSATION COMMITTEE REPORT 23 COMPENSATION DISCUSSION AND ANALYSIS 24 OVERVIEW 24 Financial Highlights 24 Our Executive Compensation Program 25 Our Executive Compensation Practices 26 2023 Say-On-Pay Vote 27 Long-Term Performance-Based Equity Compensation 27 WHAT WE PAY AND WHY 27 Fiscal Year 2024 Executive Compensation Decisions 27 Base Salary 27 Annual Cash Incentive Awards 28 Long-Term Incentive Program 30 Other Elements of Our Fiscal Year 2024 Executive Compensation Program 33 HOW WE MAKE EXECUTIVE COMPENSATION DECISIONS 35 Role of the Board and Compensation Committee, and our Chief Executive Officer 35 Guidance from the Compensation Committee's Independent Compensation Consultant 35 Comparison Peer Groups 35 Alignment of Senior Management Team to Drive Performance 36 2024 EXECUTIVE COMPENSATION 36 2024 Summary Compensation Table 36 Outstanding Equity Awards at 2024 Fiscal Year End 39 Fiscal Year 2024 Options Exercised and Stock Vested 39 Employment Agreements, Severance, and Change in Control Provisions 40 2024 Pay Ratio Disclosure 44 Pay Versus Performance 45 EQUITY COMPENSATION PLAN INFORMATION 48 PROPOSAL 3 – Ratification of the Selection of Deloitte & Touche LLP as our Independent Registered Public Accounting Firm for our Fiscal Year Ending March 31, 2025 49 AUDIT COMMITTEE REPORT 49 Independent Registered Public Accounting Firm Fees and Independence 50 PROPOSAL 4 – Approval of 2024 Non-Employee Director Long-Term Incentive Plan 51 FREQUENTLY ASKED QUESTIONS CONCERNING THE 2024 ANNUAL MEETING OF SHAREHOLDERS 55 OTHER MATTERS 58 Other Business 58 Annual Report on Form 10-K 58 Householding 58 Shareholder Proposals for the 2025 Annual Meeting of Shareholders 58 Results of the 2024 Annual Meeting 59 Additional Information About the Compa

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS 59 ANNEX A A-1 Table of Contents PROXY 2024 Annual Meeting Who: Shareholders as of the Record Date, July 18, 2024 What: See detailed Proposals on pages 12, 22, 49, and 51, and summaries below When: September 12, 2024, 8:30 a.m. ET Where: The Westin Washington Dulles Airport, 2520 Wasser Terrace, Herndon, Virginia 20171 How: Internet/Mobile, Telephone, Mail, In Person (see " Voting Information " beginning on page 3 for details) Who We Are and What We Do e Plus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. Offering a robust portfolio of solutions, as well as a full set of consultative and managed services across the technology spectrum, e Plus has proudly achieved more than 30 years of success in the business, carrying customers forward through adversity, rapidly changing environments, and other obstacles. e Plus is a trusted advisor, bringing expertise, credentials, talent and a thorough understanding of innovative technologies, spanning security, cloud, data center, networking, collaboration, artificial intelligence and emerging solutions, to domestic and foreign organizations across all industry segments. With complete lifecycle management services and flexible payment solutions, e Plus' more than 1,900 associates are focused on cultivating positive customer experiences and are dedicated to their craft, harnessing new knowledge while applying decades of proven experience. e Plus is headquartered in Virginia, with locations in the United States, UK, Europe, and AsiaPacific. For more information, visit www.eplus.com . 1 Table of Contents 2024 Annual Meeting at a Glance Our Board of Directors PROPOSAL 1 – ELECTION OF DIRECTORS e Plus' Board of Directors (the " Board of Directors " or " Board ") is currently composed of seven directors who are "independent," and one director, our Chief Executiv

View Full Filing

View this DEF 14A filing on SEC EDGAR