X0303 4 2010-08-19 0000778164 Pacific Ethanol, Inc. PEIX 0001321936 Jones William L 400 CAPITOL MALL, SUITE 2060 SACRAMENTO CA 95814 1 0 0 0 Common Stock 2010-08-19 4 S 0 400 .6345 D 838907 D Common Stock 2010-08-19 4 S 0 100 .6346 D 838807 D Common Stock 2010-08-19 4 S 0 500 .6348 D 838307 D Common Stock 2010-08-19 4 S 0 200 .6349 D 838107 D Common Stock 2010-08-19 4 S 0 1100 .635 D 837007 D Common Stock 2010-08-19 4 S 0 500 .6351 D 836507 D Common Stock 2010-08-19 4 S 0 2000 .6355 D 834507 D Common Stock 2010-08-19 4 S 0 3600 .6356 D 830907 D Common Stock 2010-08-19 4 S 0 300 .6357 D 830607 D Common Stock 2010-08-19 4 S 0 450 .636 D 830157 D Common Stock 2010-08-19 4 S 0 100 .6363 D 830057 D Common Stock 2010-08-19 4 S 0 100 .6364 D 829957 D Common Stock 2010-08-19 4 S 0 500 .6368 D 829457 D Common Stock 2010-08-19 4 S 0 400 .637 D 829057 D Common Stock 2010-08-19 4 S 0 100 .6371 D 828957 D Common Stock 2010-08-19 4 S 0 600 .6373 D 828357 D Common Stock 2010-08-19 4 S 0 400 .6379 D 827957 D Common Stock 2010-08-19 4 S 0 100 .6384 D 827857 D Common Stock 2010-08-19 4 S 0 200 .6386 D 827657 D Common Stock 2010-08-19 4 S 0 200 .6388 D 827457 D Common Stock 2010-08-19 4 S 0 100 .6389 D 827357 D Common Stock 2010-08-19 4 S 0 200 .6392 D 827157 D Common Stock 2010-08-19 4 S 0 100 .64 D 827057 D Common Stock 2010-08-19 4 S 0 500 .6466 D 826557 D Mr. Jones holds 826,557 shares of common stock directly, 50,000 shares of common stock underlying options, 19,230 shares of common stock underlying a warrant and 50,346 shares of common stock underlying Series B Preferred Stock. This is part 4 of 4. /s/ William L. Jones 2010-08-20