-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FYO2KFIEpxbOk8DOPKrqtOoJscvUI5Tj0epVpAeKdb2Ujaj/3mkGQT97Ba0+AuXi dycFgsTcu2CTQnjOREzfEg== /in/edgar/work/20000602/0000944209-00-000986/0000944209-00-000986.txt : 20000919 0000944209-00-000986.hdr.sgml : 20000919 ACCESSION NUMBER: 0000944209-00-000986 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000602 GROUP MEMBERS: HUDSON ADVISORS, LLC GROUP MEMBERS: LONE STAR OPPORTUNITY FUND, LP GROUP MEMBERS: LONE STAR SECURITIES FUND L L C GROUP MEMBERS: LONE STAR SECURITIES LIMITED GROUP MEMBERS: LSOF INVESTMENTS, LLC GROUP MEMBERS: LSS MANAGEMENT, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CALIFORNIA COASTAL COMMUNITIES INC CENTRAL INDEX KEY: 0000840216 STANDARD INDUSTRIAL CLASSIFICATION: [6552 ] IRS NUMBER: 020426634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-39991 FILM NUMBER: 648386 BUSINESS ADDRESS: STREET 1: 6 EXECUTIVE CIRCLE STREET 2: SUITE 250 CITY: IRVIN STATE: CA ZIP: 92614 BUSINESS PHONE: 9492507700 MAIL ADDRESS: STREET 1: 6 EXECUTIVE CIRCLE STREET 2: SUITE 250 CITY: IRVIN STATE: CA ZIP: 92614 FORMER COMPANY: FORMER CONFORMED NAME: KOLL REAL ESTATE GROUP INC DATE OF NAME CHANGE: 19931006 FORMER COMPANY: FORMER CONFORMED NAME: BOLSA CHICA CO/ DATE OF NAME CHANGE: 19921229 FORMER COMPANY: FORMER CONFORMED NAME: HENLEY GROUP INC/DE/ DATE OF NAME CHANGE: 19910415 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LONE STAR SECURITIES FUND L L C CENTRAL INDEX KEY: 0001070308 STANDARD INDUSTRIAL CLASSIFICATION: [ ] IRS NUMBER: 752721433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 600 NORTH PEARL ST STREET 2: SUITE 1550 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2147548459 MAIL ADDRESS: STREET 1: 600 NORTH PEARL ST STREET 2: SUITE 1550 CITY: DALLAS STATE: TX ZIP: 75201 SC 13G/A 1 0001.txt SCHEDULE 13G/A#1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 1)/1/ California Coastal Communities, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.05 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 500434303 - -------------------------------------------------------------------------------- (CUSIP Number) July 1, 1999 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) ----- X Rule 13d-1(c) ----- Rule 13d-1(d) ----- - ------------------------ /1/ The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ------------------------ CUSIP No. 500434303 Page 2 of 11 Pages ------------------------ - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Lone Star Securities Fund, L.L.C. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [x] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF -0- SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 785,100 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING -0- PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 785,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 785,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.8% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* OO 12 - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LSOF Investments, LLC - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [x] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF -0- SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 785,100 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING -0- PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 785,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 785,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.8% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* OO 12 - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ CUSIP No. 500434303 Page 4 of 11 Pages ------------------------ - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Lone Star Securities Limited - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Bermuda - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF -0- SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 785,100 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING -0- PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 785,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 785,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.8% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* OO 12 - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ CUSIP No. 500434303 Page 5 of 11 Pages ------------------------ - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Lone Star Opportunity Fund, L.P. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 NUMBER OF -0- SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 785,100 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING -0- PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 785,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 785,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.8% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* PN 12 - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ CUSIP No. 500434303 Page 6 of 11 Pages ------------------------ - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Hudson Advisors, L.L.C. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Texas - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 -0- NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 785,100 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 -0- REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 785,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 785,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.8% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* OO 12 - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ SCHEDULE 13G Page 7 of 11 Pages ------------------------ - ------------------------------------------------------------------------------ NAMES OF REPORTING PERSONS. 1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LSS Management, Inc. - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2 (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3 - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - ------------------------------------------------------------------------------ SOLE VOTING POWER 5 -0- NUMBER OF SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 6 -0- OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 -0- REPORTING PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 8 -0- - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 -0- - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0% 11 - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON* IA; CO 12 - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! --------------------------------- CUSIP No. 500434303 Page 8 of 11 Pages --------------------------------- This statement, which is being filed by Lone Star Securities Fund, L.L.C. ("LS Securities"), LSOF Investments, LLC ("LSOF"), Lone Star Securities Limited ("LSSL"), Lone Star Opportunity Fund, L.P. ("Lone Star"), Hudson Advisors, L.L.C. ("Hudson") and LSS Management, Inc. ("LSS Management"), constitutes Amendment No. 1 to the Schedule 13G originally filed with the Securities and Exchange Commission on October 21, 1998 (the "Schedule 13G"). The Schedule 13G relates to the Common Stock, par value $0.05 per share (the "Common Stock"), of California Coastal Communities, Inc., a Delaware corporation (the "Company"). Item 1(b). Address of Issuer's Principal Executive Offices: 6 Executive Circle Suite 250 Irvine, California 92614 Items 2(a) Name of Person Filing; Address of Principal Business Office or, if and 2(b). None, Residence: Items 2(a) and 2(b) of the Schedule 13G are hereby amended to add the following: LSOF Investments, LLC 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Lone Star Securities Limited Gibbons Building Suite 102 10 Queen Street Hamilton HM 11, Bermuda Hudson Advisors, L.L.C. 600 North Pearl Street Suite 1500 Dallas, Texas 75201 Item 2(c). Citizenship: Item 2(c) of the Schedule 13G is hereby amended to add the following: LSOF Investments, LLC is a limited liability company organized --------------------------------- CUSIP No. 500434303 Page 9 of 11 Pages --------------------------------- under the laws of the State of Delaware. Lone Star Securities Limited is an exempted limited liability company organized under the laws of Bermuda. Hudson Advisors, L.L.C. is a limited liability company organized under the laws of the State of Texas. Item 4(a)-(c). Ownership. Items 4(a) through 4(c) of the Schedule 13G are hereby amended to add the following: Hudson is the asset manager of LS Securities pursuant to an Asset Management Agreement. LSS Management, which was the investment manager of LS Securities at the time of filing of the Schedule 13G, has ceased to be the investment manager of LS Securities and accordingly disclaims beneficial ownership of the Common Stock. As of the date hereof, the Reporting Persons beneficially own 785,100 shares of the Common Stock, representing 7.8% of the outstanding shares of Common Stock, based on 10,058,589 shares of Common Stock outstanding as of March 1, 2000. --------------------------------- Page 10 of 11 Pages --------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: May 24, 2000 LONE STAR SECURITIES FUND, L.L.C. By: LSOF Investments, LLC Managing Member By: Lone Star Securities Limited Sole Member By: Lone Star Opportunity Fund, L.P. Sole Stockholder By: Lone Star Partners, L.P. General Partner By: Lone Star Management Co., Ltd. General Partner By: /s/ J.D. Dell ------------------------------------ J.D. Dell, Vice President LSOF INVESTMENTS, LLC By: Lone Star Securities Limited Sole Member By: Lone Star Opportunity Fund, L.P. Sole Stockholder By: Lone Star Partners, L.P. General Partner By: Lone Star Management Co., Ltd. General Partner By: /s/ J.D. Dell ------------------------------------ J.D. Dell, Vice President --------------------------------- Page 11 of 11 Pages --------------------------------- LONE STAR SECURITIES LIMITED By: Lone Star Opportunity Fund, L.P. Sole Stockholder By: Lone Star Partners, L.P. General Partner By: Lone Star Management Co., Ltd. General Partner By: /s/ J.D. Dell ------------------------------------ J.D. Dell, Vice President LONE STAR OPPORTUNITY FUND, L.P. By: Lone Star Partners, L.P. General Partner By: Lone Star Management Co. Ltd. General Partner By: /s/ J.D. Dell ------------------------------------ J.D. Dell, Vice President HUDSON ADVISORS, L.L.C. By: /s/ Robert J. Corcoran ----------------------------------------- Robert J. Corcoran, President LSS MANAGEMENT, INC. By: /s/ J.D. Dell ----------------------------------------- J.D. Dell, Vice President -----END PRIVACY-ENHANCED MESSAGE-----