0001541841-18-000005.txt : 20180105 0001541841-18-000005.hdr.sgml : 20180105 20180105104551 ACCESSION NUMBER: 0001541841-18-000005 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180105 DATE AS OF CHANGE: 20180105 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEQUANS COMMUNICATIONS CENTRAL INDEX KEY: 0001383395 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86632 FILM NUMBER: 18512373 BUSINESS ADDRESS: STREET 1: 15-55 BLVD CHARLES DE GAULLE STREET 2: LES PORTES DE LA DEFENSE CITY: COLOMBES STATE: I0 ZIP: 92700 BUSINESS PHONE: 33170721600 MAIL ADDRESS: STREET 1: 15-55 BLVD CHARLES DE GAULLE STREET 2: LES PORTES DE LA DEFENSE CITY: COLOMBES STATE: I0 ZIP: 92700 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Karam Georges M. CENTRAL INDEX KEY: 0001541841 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O SEQUANS COMMUNICATIONS S.A. STREET 2: 19 LE PARVIS CITY: PARIS - LA DEFENSE STATE: I0 ZIP: 92073 SC 13G/A 1 sc13ga-gkshares.htm SC 13G/A - GK SHARES Document












UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Sequans Communications S.A.
(Name of Issuer)
Ordinary Shares, nominal value €0.02
(Title of Class of Securities)
817323 108 (American Depositary Shares, each representing one ordinary share)
(CUSIP Number)
December 31, 2017
(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-l(b)
¨ Rule 13d-l(c)
x Rule 13d-l(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).










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CUSIP No. 817323 108
13G
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1.Names of Reporting Persons
   Georges Karam
       
2.Check the Appropriate Box if a Member of a Group (see instructions)
 ¨ (a)
Not Applicable
 ¨ (b)
Not Applicable
3.SEC Use Only
 
4.Citizenship or Place of Organization
France
Number of Shares Beneficially OWNED by Each Reporting Person With
5.Sole Voting Power
  4,004,117 (1)
6.Shared Voting Power
 -0-
7.Sole Dispositive Power
4,004,117 (1)
8.Shared Dispositive Power
  -0-
9.Aggregate Amount Beneficially Owned
by Each Reporting Person
  4,004,117 (1)
10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
  ¨ 
                                                                                                               
11.Percent of Class Represented by Amount
in Row 9
  4.9% (2)
12.Type of Reporting Person (See Instructions)
  IN

(1) Includes (i) 2,803,034 American Depositary Shares (“ADSs”), each representing one Ordinary Share, nominal value €0.02 per share (the “Ordinary Shares”), of Sequans Communications S.A. (the “Company”) held directly by the Reporting Person as of December 31, 2017 and (ii) 1,201,083 Ordinary Shares that are subject to options exercisable by the Reporting Person or restricted shares vesting within 60 days of December 31, 2017.

(2) Based on a total of 80,024,707 Ordinary Shares outstanding as of December 31, 2017 and assumes the exercise of 1,201,083 options held by the Reporting Person and restricted shares vesting, but assumes no exercise of any other derivative or convertible securities related to the Ordinary Shares.


















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Item 1.
(a)Name of Issuer:
Sequans Communications S.A.
(b)Address of Issuer’s Principal Executive Offices:
15-55 boulevard Charles de Gaulle, 92700 Colombes, France
Item 2.
(a)    Name of Person filing:
Georges Karam

(b)Address or Principal Business Office or, if None, Residence:
c/o Sequans Communications S.A., 15-55 boulevard Charles de Gaulle, 92700 Colombes, France
(c) Citizenship:
France
(d) Title of Class of Securities:
Ordinary Shares, nominal value €0.02 per share
(e) CUSIP Number:
817323 108 (American Depositary Shares, representing one ordinary share)
Item 3.    If this statement is filed pursuant to §§240.13d-l(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-l(b)(l)(ii)(E);
(f)     ¨     An employee benefit plan or endowment fund in accordance with §240.13d-l(b)(l)(ii)(F);
(g)     ¨     A parent holding company or control person in accordance with § 240.13d-l(b)(l)(ii)(G);
(h)     ¨     A savings associations 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-l(b)(l)(ii)(J).
(k) ¨
Group, in accordance with §240.13d-l(b)(l)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-l(b)(l)(ii)(J), please specify the type of institution: Not Applicable
Item 4.
Ownership.
(a)    Amount beneficially owned:    4,004,117
As of December 31, 2017, the Reporting Person may be deemed to beneficially own 4,004,117 Ordinary Shares. This number includes (i) 2,803,034 ADSs, each representing one Ordinary Share, held directly by the Reporting Person as of December 31, 2017 and (ii) 1,201,083 Ordinary Shares that are subject to options exercisable by the Reporting Person or restricted shares vesting within 60 days of December 31, 2017.

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(b)    Percent of class: 4.9%
Based on a total of 80,024,707 Ordinary Shares outstanding as of December 31, 2017 and assumes the exercise of 1,201,083 options held by the Reporting Person and restricted shares vesting within 60 days of December 31, 2017, but assumes no exercise of any other derivative or convertible securities related to the Ordinary Shares.
(c)    Number of shares as to which the person has:
(i)
Sole power to vote or to direct the vote    4,004,117
(ii)
Shared power to vote or to direct the vote    -0-
(iii)
Sole power to dispose or to direct the disposition of     4,004,117
(iv)
Shared power to dispose or to direct the disposition of -0-
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 5 percent of the class of securities, check the following x
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
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.
Certifications.

Not Applicable.


















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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.

 
January 5, 2018
 
(Date)
 
 
 
/s/ Georges Karam
 
(Signature)
 
 
 
Georges Karam, Chief Executive Officer
 
(Name and Title)
 
 













 













Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

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