UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report of
Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
For the
month of October 2020
Commission
File Number: 001-35135
Sequans
Communications S.A.
(Translation of
Registrant’s name into English)
15-55
boulevard Charles de Gaulle
92700
Colombes, France
Telephone :
+33 1 70 72 16 00
(Address of
Principal Executive Office)
Indicate by check
mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F: Form 20-F R Form 40-F £
Indicate by check
mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): Yes £ NoR
Note:
Regulation S-T
Rule 101(b)(1) only permits the submission in paper of a Form
6-K if submitted solely to provide an attached annual report to
security holders.
Indicate by check
mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): Yes £ NoR
Note:
Regulation S-T
Rule 101(b)(7) only permits the submission in paper of a Form
6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public
under the laws of the jurisdiction in which the registrant is
incorporated, domiciled or legally organized (the registrant’s
“home country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the report
or other document is not a press release, is not required to be and
has not been distributed to the registrant’s security holders, and,
if discussing a material event, has already been the subject of a
Form 6-K submission or other Commission filing on EDGAR.
Indicate by check
mark whether the registrant by furnishing the information contained
in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934: Yes £ NoR
If “Yes” is
marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-_______________.
EXPLANATORY
NOTE
Sequans
Communications S.A. (the “Company”) is a foreign private issuer,
and therefore its officers and directors are not required to report
insider transactions on Form 3s and Form 4s under Section 16 of the
Securities Exchange Act of 1934. However, to provide greater
transparency to the market, the Board of Directors of the Company
have determined to voluntarily report insider transactions in a
Form 6-K. Such reporting will be done on a monthly basis for all
officer and director transactions during the previous
month.
Mr. Wes Cummins,
a member of the Company's Board of Directors, is the general
manager of the investment fund 272 Capital LP. On September 10,
2020, 272 Capital LP purchased 10,000 of the Company’s American
Depositary Shares (“ADSs”) on the open market at a weighted average
price per ADS of $6.0868. Following this transaction,
Mr. Cummins beneficially owns 310,000 of the Company’s ADSs. This
amount excludes any exercisable warrants granted to Mr. Cummins as
a member of the Board of Directors.
Mr. Didier
Dutronc, Chief Marketing Officer of the Company, during September 1
to 10, 2020 sold 9,910 of the Company’s ADSs on the open market at
a weighted average price per ADS of $6.2864. Following this
transaction, Mr. Dutronc beneficially owns 19,076 of the Company’s
ADSs. This amount excludes the impact of any exercisable stock
options or restricted shares vesting within 60 days.
Mr. Richard
Nottenburg, a member of the Company's Board of Directors, during
September 1 to 9, 2020 sold 21,500 of the Company’s ADSs on the
open market at a weighted average price per ADS of
$6.0828. Following this transaction, Mr. Nottenburg
beneficially owns 130,250 of the Company’s ADSs. This amount
excludes any exercisable warrants granted to Mr. Nottenburg as a
member of the Board of Directors.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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SEQUANS
COMMUNICATIONS S.A.
(Registrant)
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Date: October 2,
2020
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By:
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/s/ Deborah
Choate
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Deborah
Choate
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Chief Financial
Officer
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