X0303 4 2010-07-01 0000778164 Pacific Ethanol, Inc. PEIX 0001321936 Jones William L 400 CAPITOL MALL, #2060 SACRAMENTO CA 95814 1 0 0 0 Common Stock 2010-07-01 4 S 0 900 .5544 D 986470 D Common Stock 2010-07-01 4 S 0 600 .5545 D 985870 D Common Stock 2010-07-01 4 S 0 1200 .5549 D 984670 D Common Stock 2010-07-01 4 S 0 1000 .555 D 983670 D Common Stock 2010-07-01 4 S 0 700 .5551 D 982970 D Common Stock 2010-07-01 4 S 0 400 .5553 D 982570 D Common Stock 2010-07-01 4 S 0 800 .5554 D 981770 D Common Stock 2010-07-01 4 S 0 100 .5555 D 981670 D Common Stock 2010-07-01 4 S 0 200 .5563 D 981470 D Common Stock 2010-07-01 4 S 0 200 .5572 D 981270 D Common Stock 2010-07-01 4 S 0 400 .5575 D 980870 D Common Stock 2010-07-01 4 S 0 800 .5579 D 980070 D Common Stock 2010-07-01 4 S 0 100 .5582 D 979970 D Common Stock 2010-07-01 4 S 0 1300 .5585 D 978670 D Common Stock 2010-07-01 4 S 0 1100 .559 D 977570 D Common Stock 2010-07-01 4 S 0 2000 .5595 D 975570 D Common Stock 2010-07-01 4 S 0 600 .5596 D 974970 D Common Stock 2010-07-01 4 S 0 400 .5598 D 974570 D Common Stock 2010-07-01 4 S 0 1300 .5599 D 973270 D Common Stock 2010-07-01 4 S 0 800 .56 D 972470 D Common Stock 2010-07-01 4 S 0 600 .5601 D 971870 D Common Stock 2010-07-01 4 S 0 100 .5602 D 971770 D Common Stock 2010-07-01 4 S 0 1000 .5605 D 970770 D Common Stock 2010-07-01 4 S 0 1800 .5623 D 968970 D Common Stock 2010-07-01 4 S 0 600 .564 D 968370 D Common Stock 2010-07-01 4 S 0 100 .5641 D 968270 D Common Stock 2010-07-01 4 S 0 200 .5645 D 968070 D Common Stock 2010-07-01 4 S 0 200 .565 D 967870 D Common Stock 2010-07-01 4 S 0 1000 .5653 D 966870 D Common Stock 2010-07-01 4 S 0 400 .566 D 966470 D This is Part 3 of 5. There are more than 30 transactions to report. /s/ William L. Jones 2010-07-02