Major owner of Peregrine Semiconductor Corp. just sold 110,000 shares


Partners Vi Morgenthaler, a major owner of Peregrine Semiconductor Corp., recently sold 110,000 shares of the company. The sales took place at $11.08 per share, on August 15, 2013. Morgenthaler still owns 7,022,026 shares of the company. Morgenthaler operates out of Menlo Park, CA. Some additional info was provided as follows:

The sales reported in this Form were effected pursuant to a Rule 10b-5-1 trading plan adopted by the reporting person on March 13, 2013. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.08 to $11.29, inclusive. Morgenthaler Management Partners VI, L.L.C., as the general partner of Morgenthaler Partners VI, L.P., beneficially owns the reported securities indire ctly, but disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. Morgenthaler Management Partners VI, L.L.C., is the general partner of Morgenthaler Partners VI, L.P. Robert D. Pavey, a member of Morgenthaler Management Partners VI, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. These shares are owned indirectly by Robert D. Pavey, a director of the issuer.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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