X0303 4 2010-09-16 0000778164 Pacific Ethanol, Inc. PEIX 0001321936 Jones William L 400 CAPITOL MALL, #2060 SACRAMENTO CA 95814 1 0 0 0 Common Stock 2010-09-16 4 S 0 100 .7633 D 709157 D Common Stock 2010-09-16 4 S 0 300 .7637 D 708857 D Common Stock 2010-09-16 4 S 0 200 .7638 D 708657 D Common Stock 2010-09-16 4 S 0 600 .7661 D 708057 D Common Stock 2010-09-16 4 S 0 300 .7689 D 707757 D Common Stock 2010-09-16 4 S 0 100 .769 D 707657 D Common Stock 2010-09-16 4 S 0 1900 .7694 D 705757 D Common Stock 2010-09-16 4 S 0 500 .7695 D 705257 D Common Stock 2010-09-16 4 S 0 500 .7696 D 704757 D Common Stock 2010-09-16 4 S 0 900 .7699 D 703857 D Common Stock 2010-09-16 4 S 0 3000 .77 D 700857 D Common Stock 2010-09-16 4 S 0 2200 .7701 D 698657 D Common Stock 2010-09-16 4 S 0 1100 .7706 D 697557 D Common Stock 2010-09-16 4 S 0 200 .7707 D 697357 D Common Stock 2010-09-16 4 S 0 6500 .7712 D 690857 D Common Stock 2010-09-16 4 S 0 4100 .7713 D 686757 D Common Stock 2010-09-16 4 S 0 1200 .7714 D 685557 D Common Stock 2010-09-16 4 S 0 500 .7729 D 685057 D Common Stock 2010-09-16 4 S 0 100 .773 D 684957 D Common Stock 2010-09-16 4 S 0 100 .7736 D 684857 D Common Stock 2010-09-16 4 S 0 400 .7742 D 684457 D Common Stock 2010-09-16 4 S 0 400 .7743 D 684057 D Common Stock 2010-09-16 4 S 0 100 .7752 D 683957 D Common Stock 2010-09-16 4 S 0 100 .7761 D 683857 D Common Stock 2010-09-16 4 S 0 200 .7763 D 683657 D Common Stock 2010-09-16 4 S 0 1400 .7768 D 682257 D Common Stock 2010-09-16 4 S 0 900 .7769 D 681357 D Common Stock 2010-09-16 4 S 0 100 .777 D 681257 D Common Stock 2010-09-16 4 S 0 300 .7774 D 680957 D Common Stock 2010-09-16 4 S 0 1600 .7775 D 679357 D This is Part 3 of 4. There were more than 30 transactions to report. /s/ William L. Jones 2010-09-17