FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Biskupski Jay

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/7/2012 

3. Issuer Name and Ticker or Trading Symbol

PEREGRINE SEMICONDUCTOR CORP [PSMI]

(Last)        (First)        (Middle)

C/O PEREGRINE SEMICONDUCTOR CORPORATION, 9380 CARROLL PARK DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Chief Financial Officer /

(Street)

SAN DIEGO, CA 92121       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

8/7/2012 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)     (1) 4/14/2019   Common Stock   166042   $1.76   D    
Employee Stock Option (Right to Buy)     (2) 4/14/2019   Common Stock   55347   $1.76   D    
Employee Stock Option (Right to Buy)     (3) 7/22/2020   Common Stock   81743   $7.12   D    
Employee Stock Option (Right to Buy)     (4) 10/25/2021   Common Stock   81743   $9.76   D    

Explanation of Responses:
( 1)  Subject to continuous service, this option is immediately exercisable for all shares. Any shares acquired upon exercise of the option are subject to a right of repurchase at the original exercise price per share. The right of repurchase lapses with respect of 55,347 shares on February 9, 2010 and in equal daily installments over a 36-month period thereafter.
( 2)  Subject to continuous service, this option is immediately exercisable for all shares. Any shares acquired upon exercise of the option are subject to a right of repurchase at the original exercise price per share. The right of repurchase lapses in successive equal daily installments from April 1, 2009 to February 9, 2011.
( 3)  Subject to continuous service, the option is exercisable in successive equal daily installments over a 12-month period from April 1, 2013.
( 4)  Subject to continuous service, the option is exercisable in 12 successive equal monthly installments from April 1, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Biskupski Jay
C/O PEREGRINE SEMICONDUCTOR CORPORATION
9380 CARROLL PARK DRIVE
SAN DIEGO, CA 92121


Chief Financial Officer

Signatures
By: /s/ Jay C. Biskupski 8/8/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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