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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BuaR/gR/+/2Dyk0MyjoWpT8Fs3UVS+iIN1NOF5rtAqywO/pz4MNCwa2A4MpGzAOi
 +M1w9c4MdieTj2yrIqqqQg==

<SEC-DOCUMENT>0001181431-03-018214.txt : 20030811
<SEC-HEADER>0001181431-03-018214.hdr.sgml : 20030811
<ACCEPTANCE-DATETIME>20030811163659
ACCESSION NUMBER:		0001181431-03-018214
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030807
FILED AS OF DATE:		20030811

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			VIZAS KATHRYN
		CENTRAL INDEX KEY:			0001258523

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22209
		FILM NUMBER:		03834922

	BUSINESS ADDRESS:	
		STREET 1:		C/O PEREGRINE SYSTEMS INC
		STREET 2:		3611 VALLEY CENTRE DRIVE
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
		BUSINESS PHONE:		8584815000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEREGRINE SYSTEMS INC
		CENTRAL INDEX KEY:			0001031107
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				953773312
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		3611 VALLEY CENTRE DR
		STREET 2:		5TH FL
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
		BUSINESS PHONE:		6194815000

	MAIL ADDRESS:	
		STREET 1:		3611 VALLEY CENTRE DRE
		STREET 2:		5TH FL
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd15489.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-08-07</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001031107</issuerCik>
        <issuerName>PEREGRINE SYSTEMS INC</issuerName>
        <issuerTradingSymbol>PRGND</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001258523</rptOwnerCik>
            <rptOwnerName>VIZAS KATHRYN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PEREGRINE SYSTEMS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>3611 VALLEY CENTRE DRIVE</rptOwnerStreet2>
            <rptOwnerCity>SAN DIEGO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92130</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Secretary and General Counsel</officerTitle></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>1.02</value></conversionOrExercisePrice><transactionDate><value>2003-08-07</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionAmounts><transactionShares><value>50000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-06-12</value><footnoteId id="F1"/></exerciseDate><expirationDate><value>2012-06-12</value><footnoteId 
id="F1"/></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>50000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Pursuant to the Issuer's Fourth Amended Plan of Reorganization, as modified, under Chapter 11 of the United States Bankruptcy Code (the "Plan"), all options to purchase existing shares of common stock of the Issuer granted prior to July 8, 2002 have been cancelled. A copy of the Plan is filed with the Securities and Exchange Commission on July 25, 2003, as Exhibit 2.1 to the Issuer's Current Report on Form 8-K.</footnote></footnotes><ownerSignature><signatureName>Kathryn Vizas</signatureName
><signatureDate>2003-08-06</signatureDate></ownerSignature></ownershipDocument>



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</SEC-DOCUMENT>
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