SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 1)
CALIFORNIA COASTAL COMMUNITIES, INC.
------------------------------------
(Name of Issuer)
Common Stock, par value $0.05 per share
---------------------------------------
(Title of Class of Securities)
129915203
---------------------------------------
(CUSIP Number)
J.D. Dell
Lone Star Opportunity Fund, L.P.
717 North Harwood, Suite 2200
Dallas, Texas 75201
(214) 754-8300
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 24, 2003
-----------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
NOTE: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 35 Pages)
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 2 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LONE STAR SECURITIES FUND, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 3 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LSOF INVESTMENTS, LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 4 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LONE STAR SECURITIES LIMITED
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
BERMUDA
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 5 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LONE STAR OPPORTUNITY FUND, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 6 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LONE STAR PARTNER, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 7 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
LONE STAR MANAGEMENT CO., LTD.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 8 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
HUDSON ADVISORS, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 9 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
HUDSON ADVISORS ASSOCIATES, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 10 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ADVISORS GENPAR, INC.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 11 of 35 Pages
--------------------------------------------------------------------------------
================================================================================
1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) .
JOHN P. GRAYKEN
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) or 2(e)
[ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
IRELAND
--------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
356,398
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
356,398
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,398
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 12 of 35 Pages
--------------------------------------------------------------------------------
ITEM 1. SECURITY AND ISSUER.
This statement relates to the common stock, $0.05 par value per share
(the "Common Stock"), of California Coastal Communities, Inc., a Delaware
corporation ("CCC"). The address of the principal executive offices of CCC is 6
Executive Circle, Suite 250, Irvine California 92614.
ITEM 2. IDENTITY AND BACKGROUND.
This statement is filed on behalf of Lone Star Securities Fund,
L.L.C., a Delaware limited liability corporation ("Securities"). The managing
member of Securities is LSOF Investments, LLC, a Delaware limited liability
company ("Investments"). The sole member of Investments is Lone Star Securities
Limited, a Bermuda exempted limited liability company ("LSS"). The sole
shareholder of LSS is Lone Star Opportunity Fund, L.P., a Delaware limited
partnership ("Lone Star"). The general partner of Lone Star is Lone Star
Partner, L.P., a Delaware limited partnership ("Partner"). The general partner
of Partner is Lone Star Management Co., Ltd., a Delaware corporation
("Management"). Hudson Advisors, L.L.C., a Texas limited liability company
("Hudson"), is the asset manager for Securities pursuant to an Asset Management
Agreement and it manages, among other things, the Common Stock of CCC owned by
Securities. Hudson Advisors Associates, L.P., a Texas limited partnership
("Associates"), is the majority owner of the membership interests of Hudson.
Advisors GenPar, Inc., a Texas corporation ("Advisors"), is the general partner
of Associates. John P. Grayken ("Grayken"), a citizen of Ireland, is the sole
stockholder, sole director and President of Management and the sole stockholder
and sole director of Advisors.
The address of the principal offices and business address of
Securities, Investments, Lone Star, Partner, Management, Hudson, Associates and
Advisors is 717 North Harwood, Suite 2200, Dallas, Texas 75201. The address of
the principal offices and business address of LSS is Washington Mall, Suite 104,
1st Floor, 7 Reid Street, Hamilton HM 11 Bermuda. The business address of
Grayken, is 50 Welbeck Street, London, United Kingdom, W1G 9XW.
Securities, Investments, LSS, Lone Star, Partner, Management, Hudson,
Associates and Advisors (collectively, the "Lone Star Entities" and together
with Grayken, the "Reporting Entities") are all part of a private investment
partnership investing in a broad range of primarily real estate related
investments. Lone Star's investors are primarily pension funds and other
institutional investors. Grayken's principal occupation is serving in the
aforementioned offices of Management.
None of the Reporting Entities has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations and similar
misdemeanors).
None of the Reporting Entities has, during the last five years, been
a party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
Other Information
-----------------
Attached as Schedule I hereto is a list of (a) the directors and
executive officers of LSS, Management and Advisors and (b) the officers and
members of Securities, Investments and Hudson which contains the following
information with respect to each person:
(i) name;
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 13 of 35 Pages
--------------------------------------------------------------------------------
(ii) principal business address; and
(iii) present principal occupation or employment.
None of the persons identified on Schedule I hereto has, during the
last five years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors). None of the persons identified on Schedule
I hereto has, during the last five years, been a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws or finding any violation with respect to such laws.
Each person identified on Schedule I hereto is a United States citizen, other
than Grayken, who is a citizen of Ireland.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
From September 1997 until October 1998, Securities purchased an
aggregate of 785,100 shares of CCC Common Stock (the "Shares") in the open
market. The aggregate cost of the Shares was $8,726,740. Such funds were
provided by capital contributions from partners of Lone Star.
ITEM 4. PURPOSE OF THE TRANSACTION.
Securities initially acquired the Shares for investment purposes. The
Reporting Entities may purchase additional shares of the CCC Common Stock or
dispose of all or some of the Shares from time to time, in each case in open
market or private transactions, or the Reporting Entities may continue to hold
the Shares.
Securities filed a Schedule 13G on October 21, 1998, and Amendment
No. 1 to its Schedule 13G on June 2, 2000. On August 13, 2001, the Reporting
Entities filed a Schedule 13D to disclose that they no longer held the Shares in
the ordinary course of business and intended to consider such investment in CCC
on a continuing basis and take any actions deemed prudent in order to preserve
or enhance its value.
Depending on various factors including, without limitation, CCC's
financial position and investment strategy, the outcome of the Bolsa Chica
litigation, the price levels of CCC Common Stock, conditions in the securities
market and general economic and industry conditions, the Reporting Entities may,
among other things, communicate with other stockholders, purchase additional
shares of CCC Common Stock or sell some or all of the Shares or change their
intention with respect to any and all matters referred to in Item 4.
Except as described herein, none of the Reporting Entities has any
present plans or proposals that would result in or relate to any of the
transaction enumerated in Item 4 of Schedule 13D, although each reserves the
right to exercise any and all of its respective rights as a stockholder of CCC
from time to time.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
From November 11, 2003 through January 22, 2004, Securities executed
a series of sales in the open market which resulted in the disposition of an
aggregate of 428,702 shares of CCC Common Stock. Schedule II attached hereto
provides further detail with respect to such sales. As of January 22, 2004, each
of the Reporting Entities, directly or indirectly, beneficially owned and had
the shared power to vote and dispose of 356,398 shares of CCC Common Stock as
described above (approximately 3.5% of the shares of CCC Common Stock based on
the information as to the number of shares of CCC Common Stock outstanding on
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 14 of 35 Pages
--------------------------------------------------------------------------------
October 31, 2003, as reported in CCC's Quarterly Report on Form 10-Q for the
period ended September 30, 2003). Except as described above, none of the
Reporting Entities has effected any transaction in any shares of CCC Common
Stock during the past sixty days. As a result of the series of sales described
above, each of the Reporting Entities ceased to be the beneficial owner of more
than five percent of CCC Common Stock as of December 18, 2003.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
Other than as described in this Schedule 13D, none of the Reporting
Entities has any contracts, arrangements, understandings or relationships with
any person with respect to any securities of CCC.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
1. Joint Filing Agreement dated August 8, 2001, by and among Lone Star
Securities Fund, L.L.C., Lone Star Investments, LLC, Lone Star
Securities Limited, Lone Star Opportunity Fund, L.P., Lone Star
Partner, L.P., Lone Star Management Co., Ltd., Hudson Advisors,
L.L.C., Hudson Advisors Associates, L.P., Advisors GenPar, Inc. and
John P. Grayken.
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 15 of 35 Pages
--------------------------------------------------------------------------------
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Date: January 21, 2004 LONE STAR OPPORTUNITY FUND, L.P.
By: Lone Star Partner, L.P.,
its General Partner
By: Lone Star Management Co., Ltd.,
its: General Partner
By: /s/ J.D. Dell
------------------------------
J.D. Dell
Vice President
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 15 of 35 Pages
--------------------------------------------------------------------------------
SCHEDULE I
----------
Instruction C. Information for (a) the directors and executive officers of LSS,
Management and Advisors and (b) the officers and members of Securities,
Investments and Hudson.
OFFICERS AND MEMBER OF SECURITIES
Name: J.D. Dell
Present Principal Occupation or
Employment: President
Business Address: Lone Star Securities Fund, L.L.C.
717 North Harwood Street, Suite 2200
Dallas, Texas 75201
Name: Louis Paletta
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Securities Fund, L.L.C .
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Benjamin D. Velvin III
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Securities Fund, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Steven R. Shearer
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Securities Fund, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: LSOF Investments, LLC
Present Principal Occupation or
Employment: Managing Member
Business Address: Lone Star Securities Fund, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 17 of 35 Pages
--------------------------------------------------------------------------------
OFFICERS AND MEMBER OF INVESTMENTS
Name: J.D. Dell
Present Principal Occupation or
Employment: President
Business Address: LSOF Investments, LLC
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Louis Paletta
Present Principal Occupation or
Employment: Vice President
Business Address: LSOF Investments, LLC
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Benjamin D. Velvin III
Present Principal Occupation or
Employment: Vice President
Business Address: LSOF Investments, LLC
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Steven R. Shearer
Present Principal Occupation or
Employment: Vice President
Business Address: LSOF Investments, LLC
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Lone Star Securities Limited
Present Principal Occupation or
Employment: Sole Member
Business Address: Clarendon House
Two Church Street
Hamilton HM11 Bermuda
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 18 of 35 Pages
--------------------------------------------------------------------------------
OFFICERS AND DIRECTORS OF LSS
Name: John P. Grayken
Present Principal Occupation or
Employment: President and Director
Business Address: 50 Welbeck Street
London, United Kingdom
W1G 9XW
Name: J.D. Dell
Present Principal Occupation or
Employment: Vice President and Director
Business Address: Lone Star Securities Limited
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Louis Paletta
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Securities Limited
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Benjamin D. Velvin III
Present Principal Occupation or
Employment: Vice President and Director
Business Address: Lone Star Securities Limited
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Dawn C. Griffiths
Present Principal Occupation or
Employment: Director of Lone Star
Securities Limited; Attorney
Business Address: Conyers Dill & Pearman
Clarendon House
Two Church Street
Hamilton HM 11 Bermuda
Name: Michael D. Thomson
Present Principal Occupation or
Employment: Vice President and Director
Business Address: Lone Star Securities Limited
717 North Harwood, Suite 2200
Dallas, Texas 75201
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 19 of 35 Pages
--------------------------------------------------------------------------------
Name: Cindy Kuhlman
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Securities Limited
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Steven R. Shearer
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Securities Limited
717 North Harwood, Suite 2200
Dallas, Texas 75201
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 20 of 35 Pages
--------------------------------------------------------------------------------
OFFICERS AND DIRECTORS OF MANAGEMENT
Name: John P. Grayken
Present Principal Occupation or
Employment: President and Director
Business Address: 50 Welbeck Street
London, United Kingdom
W1G 9XW
Name: J.D. Dell
Present Principal Occupation or
Employment: Vice President and General Counsel
Business Address: Lone Star Management Co., Ltd.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Louis Paletta
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Management Co., Ltd.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Benjamin D. Velvin III
Present Principal Occupation or
Employment: Vice President and Assistant Secretary
Business Address: Lone Star Management Co., Ltd.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Steven R. Shearer
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Management Co., Ltd.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Ginger M. Quillen
Present Principal Occupation or
Employment: Vice President
Business Address: Lone Star Management Co., Ltd.
717 North Harwood, Suite 2200
Dallas, Texas 75201
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 21 of 35 Pages
--------------------------------------------------------------------------------
OFFICERS AND DIRECTORS OF ADVISORS
Name: Robert J. Corcoran
Present Principal Occupation or
Employment: President
Business Address: Advisors GenPar, Inc.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: J.D. Dell
Present Principal Occupation or
Employment: Vice President
Business Address: Advisors GenPar, Inc.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: John P. Grayken
Present Principal Occupation or
Employment: Director
Business Address: 50 Welbeck Street
London, United Kingdom
W1G 9XW
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 22 of 35 Pages
--------------------------------------------------------------------------------
OFFICERS AND MEMBER OF HUDSON
Name: Robert J. Corcoran
Present Principal Occupation or
Employment: President and Chief Financial Officer
Business Address: Hudson Advisors, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: J.D. Dell
Present Principal Occupation or
Employment: Executive Vice President
Business Address: Hudson Advisors, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Steven R. Shearer
Present Principal Occupation or Senior Vice President
Employment:
Business Address: Hudson Advisors, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
Name: Hudson Advisors Associates, L.P.
Present Principal Occupation or
Employment: Managing Member
Hudson Advisors, L.L.C.
717 North Harwood, Suite 2200
Dallas, Texas 75201
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 23 of 35 Pages
--------------------------------------------------------------------------------
Schedule II
-----------
DATE # OF SHARES PRICE PER SHARE
11/11/03 500 $10.99
11/11 500 $10.99
11/11 100 $10.99
11/12 400 $10.97
11/13 200 $10.82
11/13 100 $10.71
11/13 400 $10.72
11/13 200 $10.71
11/13 500 $10.52
11/13 500 $10.52
11/13 500 $10.52
11/13 100 $10.52
11/13 300 $10.52
11/13 100 $10.52
11/13 500 $10.55
11/13 200 $10.55
11/13 1000 $10.65
11/13 1000 $10.65
11/13 300 $10.70
11/13 200 $10.70
11/13 450 $10.71
11/13 550 $10.71
11/13 800 $10.78
11/13 200 $10.78
11/14 1000 $10.76
11/14 1000 $10.79
11/18 970 $10.82
11/18 970 $10.84
11/18 30 $10.82
11/18 30 $10.84
11/18 1000 $10.89
11/18 200 $10.91
11/19 3 $10.91
11/19 1000 $10.91
11/19 200 $10.91
11/19 300 $10.91
11/19 1500 $10.93
11/19 1500 $10.95
11/19 1500 $10.95
11/19 1497 $10.95
11/19 1500 $10.95
11/20 25000 $10.80
11/20 10000 $10.82
11/24 100000 $10.85
11/25 700 $10.85
11/25 300 $10.85
11/25 500 $10.85
11/25 500 $10.90
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 24 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
11/25 100 $10.90
11/25 300 $10.90
11/25 600 $10.90
11/25 700 $10.96
11/25 800 $10.96
11/25 700 $10.97
11/25 400 $10.97
11/25 400 $10.97
11/25 300 $10.99
11/25 200 $10.99
11/25 600 $10.99
11/25 400 $10.99
11/25 200 $11.01
11/25 420 $11.01
11/25 200 $11.01
11/25 100 $11.01
11/25 500 $11.01
11/25 920 $11.02
11/25 80 $11.01
11/26 100 $11.02
11/26 1500 $10.99
11/26 480 $11.02
11/26 400 $11.03
11/26 100 $11.03
11/26 500 $11.03
11/26 500 $11.03
11/26 100 $11.04
11/28 1000 $11.04
11/28 400 $11.04
11/28 500 $11.05
11/28 1000 $11.05
12/1 100 $11.05
12/1 500 $11.05
12/1 1900 $11.05
12/1 2000 $11.06
12/1 300 $11.07
12/1 2200 $11.07
12/1 200 $11.08
12/1 300 $11.08
12/1 700 $11.08
12/1 200 $11.08
12/1 125 $11.08
12/1 975 $11.08
12/1 500 $11.06
12/1 500 $11.06
12/1 500 $11.05
12/1 2000 $11.05
12/2 3000 $11.09
12/4 25000 $10.98
12/4 500 $11.00
12/4 1900 $11.01
12/4 1000 $11.00
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 25 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
12/4 300 $11.00
12/4 700 $11.00
12/4 100 $11.00
12/5 20000 $11.00
12/5 100 $11.01
12/5 300 $11.02
12/8 500 $11.00
12/8 400 $11.01
12/8 300 $11.01
12/8 100 $11.02
12/8 100 $11.02
12/8 200 $11.00
12/8 200 $11.00
12/8 200 $11.00
12/8 200 $11.00
12/8 300 $11.00
12/8 500 $11.00
12/8 500 $11.00
12/8 450 $11.00
12/8 300 $11.00
12/8 250 $11.00
12/8 200 $11.00
12/8 100 $11.00
12/8 700 $11.00
12/9 300 $11.00
12/9 700 $11.00
12/9 300 $11.00
12/9 100 $11.00
12/9 1100 $11.00
12/9 82 $11.00
12/10 100 $11.00
12/10 450 $10.91
12/10 200 $10.91
12/10 200 $10.91
12/17 2000 $10.90
12/17 1000 $10.90
12/17 100 $10.91
12/17 1400 $10.91
12/17 2000 $10.96
12/17 1500 $10.97
12/17 1200 $10.98
12/17 700 $10.98
12/17 100 $10.98
12/17 100 $10.99
12/17 1000 $10.99
12/17 400 $10.99
12/17 1200 $11.00
12/17 600 $11.00
12/17 200 $11.00
12/17 1200 $11.01
12/17 1300 $11.01
12/17 1000 $11.02
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 26 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
12/17 100 $11.02
12/17 400 $11.02
12/17 1000 $11.03
12/17 700 $11.03
12/17 800 $11.03
12/17 450 $11.05
12/17 500 $11.05
12/17 100 $11.05
12/17 100 $11.05
12/17 800 $11.05
12/17 100 $11.05
12/17 100 $11.05
12/17 700 $11.05
12/17 650 $11.04
12/17 100 $11.05
12/17 2400 $11.05
12/17 2600 $11.06
12/17 100 $11.06
12/17 100 $11.06
12/18 200 $11.06
12/18 2000 $11.03
12/18 2000 $11.04
12/18 500 $11.00
12/18 200 $11.00
12/18 300 $11.00
12/19 2000 $11.02
12/19 100 $11.04
12/19 100 $11.01
12/19 100 $11.01
12/19 1800 $11.01
12/19 300 $11.01
12/19 600 $11.01
12/19 300 $11.00
12/19 1700 $11.00
12/19 100 $11.01
12/19 1000 $11.01
12/19 2000 $11.02
12/22 1500 $11.02
12/22 500 $11.02
12/22 200 $11.03
12/22 100 $11.03
12/22 1700 $11.03
12/22 100 $11.04
12/22 800 $11.04
12/22 500 $11.03
12/22 2500 $11.03
12/22 3000 $11.04
12/22 2000 $11.04
12/22 100 $11.05
12/23 500 $11.04
12/23 1500 $11.04
12/23 100 $11.05
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 27 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
12/23 150 $11.05
12/26 3000 $11.04
12/26 300 $11.05
12/26 200 $11.05
12/26 300 $11.05
12/26 200 $11.03
12/26 300 $11.03
12/26 100 $11.03
12/26 200 $11.03
12/29 100 $11.01
12/29 200 $11.00
12/29 500 $11.00
12/29 64 $11.00
12/29 236 $11.00
12/29 300 $11.00
12/29 100 $11.01
12/29 100 $11.00
12/29 100 $11.00
12/29 500 $11.00
12/29 200 $11.00
12/29 100 $11.01
12/29 100 $11.00
12/29 500 $11.00
12/29 900 $11.00
12/29 300 $11.00
12/29 200 $11.00
12/29 100 $11.00
12/29 700 $11.00
12/29 1000 $11.00
12/29 450 $11.00
12/29 100 $11.00
12/29 800 $11.00
12/29 150 $11.00
12/29 850 $11.00
12/29 600 $11.00
12/29 50 $11.00
12/29 200 $11.00
12/29 500 $11.00
12/29 200 $11.00
12/29 300 $11.00
12/29 300 $11.00
12/29 500 $11.00
12/29 400 $11.00
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 28 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
12/29 300 $11.00
12/29 200 $11.00
12/29 100 $11.00
12/29 300 $11.00
12/29 500 $11.00
12/29 400 $11.00
12/29 400 $11.00
12/29 400 $11.00
12/29 400 $11.00
12/29 300 $11.00
12/29 300 $11.00
12/29 300 $11.00
12/29 500 $11.00
12/29 1900 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 50 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 150 $11.00
12/30 120 $11.01
12/30 300 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 150 $11.00
12/30 50 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 500 $11.01
12/30 300 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 29 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
12/30 200 $11.00
12/30 200 $11.01
12/30 100 $11.01
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.01
12/30 100 $11.01
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
12/30 200 $11.00
12/30 200 $11.00
12/30 100 $11.00
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 30 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
12/30 300 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 100 $11.00
12/30 700 $11.00
12/30 700 $11.00
12/30 1000 $11.00
12/31 300 $11.00
12/31 1000 $11.00
12/31 300 $11.00
12/31 300 $11.00
12/31 300 $11.00
12/31 200 $11.00
12/31 200 $11.00
12/31 300 $11.00
12/31 100 $11.00
1/2/04 2000 $11.00
1/5 2148 $11.00
1/5 852 $11.00
1/5 500 $11.00
1/6 500 $11.00
1/6 1500 $11.00
1/6 900 $11.00
1/6 100 $11.00
1/6 3000 $11.01
1/6 500 $11.00
1/6 200 $11.00
1/6 1700 $11.00
1/6 500 $11.00
1/6 100 $11.00
1/6 100 $11.01
1/6 500 $11.00
1/6 2000 $11.00
1/6 500 $11.00
1/6 100 $11.01
1/7 1500 $11.00
1/7 100 $11.00
1/8 500 $10.93
1/8 1500 $10.93
1/8 500 $10.92
1/8 500 $10.92
1/8 500 $10.92
1/8 500 $10.92
1/8 2000 $10.99
1/8 100 $11.00
1/8 300 $11.00
1/8 100 $11.01
1/8 100 $11.01
1/8 200 $11.00
1/8 100 $11.00
1/8 500 $11.00
1/8 200 $11.00
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 31 of 35 Pages
--------------------------------------------------------------------------------
DATE # OF SHARES PRICE PER SHARE
1/8 100 $11.01
1/8 1000 $11.01
1/8 200 $11.00
1/8 100 $11.00
1/8 400 $11.00
1/8 300 $11.00
1/8 300 $11.00
1/8 200 $11.00
1/8 500 $11.00
1/8 500 $11.00
1/8 500 $11.00
1/8 300 $11.00
1/8 10000 $11.00
1/8 1000 $11.00
1/8 100 $11.01
1/9 2000 $11.00
1/9 100 $11.01
1/9 100 $11.01
1/9 200 $11.00
1/9 500 $11.00
1/9 10000 $10.95
1/12 1300 $11.00
1/12 1800 $11.01
1/12 3000 $11.02
1/12 2000 $11.03
1/12 100 $11.03
1/12 1800 $11.01
1/13 100 $11.00
1/13 3000 $10.96
1/13 100 $10.98
1/13 1900 $10.98
1/22 3000 $10.51
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 32 of 35 Pages
--------------------------------------------------------------------------------
EXHIBIT INDEX
99.1 Joint Filing Agreement dated August 8, 2001, by and among Lone Star
Securities Fund, L.L.C., Lone Star Investments, LLC, Lone Star
Securities Limited, Lone Star Opportunity Fund, L.P., Lone Star
Partner, L.P., Lone Star Management Co., Ltd., Hudson Advisors,
L.L.C., Hudson Advisors Associates, L.P., Advisors GenPar, Inc. and
John P. Grayken.
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 33 of 35 Pages
--------------------------------------------------------------------------------
EXHIBIT 99.1
JOINT FILING AGREEMENT
The undersigned hereby agree that any Statement on Schedule 13D to be
filed with the Securities and Exchange Commission by any of the undersigned,
including any amendment thereto, with respect to the securities of California
Coastal Communities, Inc. may be filed by any of the undersigned as a joint
filing of all of the undersigned. This Joint Filing Agreement shall be filed as
an Exhibit to such statement.
Dated: August 7, 2001 LONE STAR SECURITIES FUND, L.L.C.
By: LSOF Investments, LLC.
its: Managing Member
By: Lone Star Securities Limited
its: Sole Member
By: Lone Star Opportunity Fund, L.P.
its: Sole Shareholder
By: Lone Star Partner, L.P.
its: General Partner
By: Lone Star Management Co.,Ltd.
its: General Partner
By: /s/ J.D. Dell
---------------------------
J.D. Dell
Vice President
Date: August 7, 2001 LSOF INVESTMENTS, LLC
By: Lone Star Securities Limited
its: Sole Member
By: Lone Star Opportunity Fund, L.P.
its: Sole Shareholder
By: Lone Star Partner, L.P.
its: General Partner
By: Lone Star Management Co., Ltd.
its: General Partner
By: /s/ J.D. Dell
--------------------------
J.D. Dell
Vice President
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 34 of 35 Pages
--------------------------------------------------------------------------------
Date: August 7, 2001 LONE STAR SECURITIES LIMITED
By: Lone Star Opportunity Fund, L.P.
its: Sole Shareholder
By: Lone Star Partner, L.P.,
its: General Partner
By: Lone Star Management Co., Ltd.,
its: General Partner
By:/s/ J.D. Dell
-----------------------------------
J.D. Dell
Vice President
Date: August 7, 2001 LONE STAR OPPORTUNITY FUND, L.P.
By: Lone Star Partner, L.P.
General Partner
By: Lone Star Management Co., Ltd.
General Partner
By: /s/ J.D. Dell
-------------------------------------
J.D. Dell
Vice President
--------------------------------------------------------------------------------
CUSIP No. 129915203 13D 35 of 35 Pages
--------------------------------------------------------------------------------
Date: August 7, 2001 LONE STAR PARTNER, L.P.
By: Lone Star Management Co., Ltd.,
its: General Partner
By:/s/ J.D. Dell
---------------------------------------
J.D. Dell
Vice President
Date: August 7, 2001 LONE STAR MANAGEMENT CO., LTD.
By:/s/ J.D. Dell
---------------------------------------
J.D. Dell
Vice President
Date: August 7, 2001 HUDSON ADVISORS, L.L.C.
By:/s/ Robert J. Corcoran
---------------------------------------
Robert J. Corcoran
President
Date: August 7, 2001 ADVISORS GENPAR, INC.
By:/s/ J.D. Dell
---------------------------------------
J.D. Dell
Vice President
Date: August 7, 2001 HUDSON ADVISORS ASSOCIATES, L.P.
By: Advisors GenPar, Inc.
its: General Partner
By:/s/J.D. Dell
---------------------------------------
J.D. Dell
Vice President
Date: August 8, 2001 /s/ John P. Grayken
------------------------------------------
John P. Grayken