SEC FORM 4

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

D'Addario Paul N.

(Last)

(First)

(Middle)

C/O PEREGRINE SEMICONDUCTOR CORPORATION

9380 CARROLL PARK DRIVE

(Street)

SAN DIEGO

92121

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PEREGRINE SEMICONDUCTOR CORP [ PSMI ]

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2012

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/13/2012		C		8,378	A	⁽¹⁾	8,378	I⁽²⁾	Palisades Non-Qualified Investors, L.P.
Common Stock	08/13/2012		C		312,070	A	⁽¹⁾	320,448	I⁽²⁾	Palisades Qualified Investors, L.P.
Common Stock	08/13/2012		C		1,070,312	A	⁽¹⁾	1,390,760	I⁽²⁾	Palisades Ventures, L.P.
Common Stock	08/13/2012		C		1,017	A	⁽¹⁾	1,391,777	I⁽²⁾	Palisades Non-Qualified Investors, L.P.
Common Stock	08/13/2012		C		37,908	A	⁽¹⁾	1,429,685	I⁽²⁾	Palisades Qualified Investors, L.P.
Common Stock	08/13/2012		C		130,015	A	⁽¹⁾	1,559,700	I⁽²⁾	Palisades Ventures, L.P.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series C1 Preferred Stock	⁽¹⁾	08/13/2012		C			8,378	⁽¹⁾	⁽¹⁾	Common Stock	8,378	$0	0	I⁽²⁾	Palisades Non-Qualified Investors, L.P.
Series C1 Preferred Stock	⁽¹⁾	08/13/2012		C			312,070	⁽¹⁾	⁽¹⁾	Common Stock	312,070	$0	0	I⁽²⁾	Palisades Qualified Investors, L.P.
Series C1 Preferred Stock	⁽¹⁾	08/13/2012		C			1,070,312	⁽¹⁾	⁽¹⁾	Common Stock	1,070,312	$0	0	I⁽²⁾	Palisades Ventures, L.P.
Series D1 Preferred Stock	⁽¹⁾	08/13/2012		C			1,017	⁽¹⁾	⁽¹⁾	Common Stock	1,017	$0	0	I⁽²⁾	Palisades Non-Qualified Investors, L.P.
Series D1 Preferred Stock	⁽¹⁾	08/13/2012		C			37,908	⁽¹⁾	⁽¹⁾	Common Stock	37,908	$0	0	I⁽²⁾	Palisades Qualified Investors, L.P.
Series D1 Preferred Stock	⁽¹⁾	08/13/2012		C			130,015	⁽¹⁾	⁽¹⁾	Common Stock	130,015	$0	0	I⁽²⁾	Palisades Ventures, L.P.

Explanation of Responses:

1. Each share of the Series C1 Preferred Stock and Series D1 Preferred Stock converted into 1 share of the issuer's Common Stock and had no expiration date.

2. Palisades Ventures Management, LLC is the general partner of Palisades Non-Qualified Investors, L.P., Palisades Qualified Investors, L.P., and Palisades Ventures, L.P. Paul N. D'Addario, the managing member of Palisades Ventures Management, LLC, disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Jay Biskupski as Attorney-in-fact for Paul N. D'Addario	08/13/2012
	** 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 4 (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).
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