X0202 4 2006-08-08 0 0000840216 CALIFORNIA COASTAL COMMUNITIES INC CALC 0001331313 Pacini Raymond J 6 EXECUTIVE CIRCLE, SUITE 250 IRVINE CA 92614 1 1 0 0 CEO & President Common Stock - $.05 par value 2006-08-08 4 P 0 264996 4.50 A 376625 D Stock Option - Common Stock $.05 par value 4.50 2006-08-08 4 X 0 264996 4.50 D 1998-04-28 2007-04-28 Common Stock - $.05 par value 264996 0 D Includes 2,500 shares held in custodial accounts for Mr. Pacini's children as to which he disclaims beneficial ownership. Options were exercisable as follows: 75,998 on 4/28/98, 56,999 on 4/28/99, 56,999 on 4/28/00, 37,500 on 12/7/00 and 37,500 on 12/7/01. Options were scheduled to expire as follows: 189,996 on 4/28/07 and 75,000 on 12/7/09. Raymond J. Pacini 2006-08-09