X0202 4 2004-06-04 1 0000046267 HAWTHORNE FINANCIAL CORP HTHR 0001084960 LAGOMARSINO SIMONE 2381 ROSECRANS AVE. EL SEGUNDO CA 90245 1 1 0 0 Chief Executive Officer Common Stock, par value $0.01 2004-06-04 4 D 0 1358.0000 D 0 D Common Stock, par value $0.01 2004-06-04 4 M 0 22500.0000 13.2410 A 0 D Common Stock, par value $0.01 2004-06-04 4 M 0 15000.0000 21.7800 A 0 D Common Stock, par value $0.01 2004-06-04 4 M 0 15000.0000 24.3570 A 0 D Common Stock, par value $0.01 2004-06-04 4 S 0 37448.0000 33.6100 D 0 D Common Stock, par value $0.01 2004-06-04 4 D 0 15052.0000 D 0 D Common Stock Options 10.0610 2004-06-04 4 J 0 60000.0000 10.0610 D common stock 60000.0000 0 D Common Stock Options 9.1500 2004-06-04 4 J 0 52500.0000 9.1500 D common stock 52500.0000 0 D Common Stock Options 5.4820 2004-06-04 4 J 0 60000.0000 5.4820 D common stock 60000.0000 0 D Common Stock Options 13.2410 2004-06-04 4 M 0 22500.0000 13.2410 D common stock 22500.0000 0 D Common Stock Options 21.7800 2004-06-04 4 M 0 15000.0000 21.7800 D common stock 15000.0000 0 D Common Stock Options 24.3570 2004-06-04 4 M 0 15000.0000 24.3570 D common stock 15000.0000 0 D Disposed of pursuant to a merger agreement between Issuer and Commercial Capital Bancorp, Inc. ("CCBI")in exchange for 2,625 shares of CCBI common stock having a market value of $18.10 per share on the effective date of the merger. Disposed of pursuant to a merger agreement between Issuer and Commercial Capital Bancorp, Inc. ("CCBI") in exchange for 29,100 shares of CCBI common stock having a market value of $18.10 per share on the effective date of the merger. This stock option which is currently vested and exercisable, was assumed by CCBI pursuant to a merger agreement between Issuer and CCBI, and replaced with stock options to purchase 115,980 of CCBI Common Stock for $5.20 per share. This stock option which is currently vested and exercisable, was assumed by CCBI pursuant to a merger agreement between Issuer and CCBI, and replaced with stock options to purchase 101,481 of CCBI Common Stock for $4.73 per share. This stock option which is currently vested and exercisable, was assumed by CCBI pursuant to a merger agreement between Issuer and CCBI, and replaced with stock options to purchase 115,980 of CCBI Common Stock for $2.84 per share. This option provided for vesting in five equal annual installments beginning on 1/29/03, but were accelerated pursuant to the merger agreement between Issuer and CCBI. (10,448 shares were sold and 12,052 were converted to CCBI Common Stock having a market value of $18.10 per share on the effective date of the merger.) This option provided for vesting in five equal annual installments beginning on 7/23/03, but were accelerated pursuant to the merger agreement between Issuer and CCBI. (12,000 shares were sold and 3,000 were converted to CCBI Common Stock having a market value of $18.10 per share on the effective date of the merger.) This option provided for vesting in five equal annual installments beginning on 7/22/04, but were accelerated pursuant to the merger agreement between Issuer and CCBI. Simone Lagomarsino, by Marlyn Braceros, her attorney-in-fact 2004-06-04