SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person* THORNLEY ANTHONY S (Last) (First) (Middle) C/O PEREGRINE SEMICONDUCTOR CORPORATION 9380 CARROLL PARK DRIVE (Street) SAN DIEGO CA 92121 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/07/2012	3. Issuer Name and Ticker or Trading Symbol PEREGRINE SEMICONDUCTOR CORP [ PSMI ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	5. 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 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 Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: 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
Stock Option (Right to Buy)	(1)	11/15/2020	Common Stock	21,798	$8.95	D
Stock Option (Right to Buy)	(2)	11/15/2020	Common Stock	10,899	$8.95	D
Stock Option (Right to Buy)	(3)	10/25/2021	Common Stock	10,899	$9.76	D

Explanation of Responses:

1. Subject to continuous service, the option is exercisable with respect to 25% of the shares subject to this option on November 15, 2011 and in 36 successive equal monthly installments of the remaining shares subject to this option thereafter.

2. Subject to continuous service, the option is exercisable in 12 successive equal monthly installments from November 15, 2010.

3. Subject to continuous service, the option is exercisable in 12 successive equal monthly installments from April 1, 2014.

	/s/ Jay Biskupski as Attorney-in-fact for Anthony S. Thornley	08/07/2012
	** 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).
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