-----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, AJPj/3pLdmrlPQ6hvJiiF1Ewkf1tbuo5RIEDNRSQ2mPeyoshqhOZMPBwK/qt1QLw niJwlfg4G6k3Gp0evDz/pQ== 0000909518-01-500232.txt : 20010814 0000909518-01-500232.hdr.sgml : 20010814 ACCESSION NUMBER: 0000909518-01-500232 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010813 GROUP MEMBERS: ADVISORS GENPAR, INC. GROUP MEMBERS: HUDSON ADVISORS ASSOCIATES, LP GROUP MEMBERS: JOHN P. GRAYKEN GROUP MEMBERS: LONE STAR MANAGEMENT CO., LTD GROUP MEMBERS: LONE STAR OPPORTUNITY FUND, LP GROUP MEMBERS: LONE STAR PARTNER, LP GROUP MEMBERS: LONE STAR SECURITIES FUND, LLC GROUP MEMBERS: LONE STAR SECURITIES LIMITED GROUP MEMBERS: LSOF INVESTMENTS, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CALIFORNIA COASTAL COMMUNITIES INC CENTRAL INDEX KEY: 0000840216 STANDARD INDUSTRIAL CLASSIFICATION: LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552] IRS NUMBER: 020426634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-39991 FILM NUMBER: 1706725 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: BOLSA CHICA CO/ DATE OF NAME CHANGE: 19921229 FORMER COMPANY: FORMER CONFORMED NAME: HENLEY PROPERTIES INC DATE OF NAME CHANGE: 19920727 FORMER COMPANY: FORMER CONFORMED NAME: KOLL REAL ESTATE GROUP INC DATE OF NAME CHANGE: 19931006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HUDSON ADVISORS LLC CENTRAL INDEX KEY: 0001138420 STANDARD INDUSTRIAL CLASSIFICATION: TEXTILE MILL PRODUCTS [2200] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 600 NORTH PEARL ST. STREET 2: SUITE 1500 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2147548400 MAIL ADDRESS: STREET 1: 600 NORTH PEARL ST. STREET 2: SUTIE 1500 CITY: DALLAS STATE: TX ZIP: 75201 SC 13D 1 a8-7sc13d.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------------------- SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) CALIFORNIA COASTAL COMMUNITIES, INC. ----------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.05 per share ----------------------------------------------------------------------------- (Title of Class of Securities) 500434303 ---------------------------------------------------------------------------- (CUSIP Number) J.D. Dell Lone Star Opportunity Fund, L.P. 600 North Pearl Street, Suite 1550 Dallas, Texas 75201 (214) 754-8300 ----------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 13, 2001 ----------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [X]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 29 Pages) - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 2 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LONE STAR SECURITIES FUND, L.L.C. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 3 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LSOF INVESTMENTS, LLC - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 4 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LONE STAR SECURITIES LIMITED - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION BERMUDA - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 5 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LONE STAR OPPORTUNITY FUND, L.P. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 6 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LONE STAR PARTNER, L.P. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 7 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LONE STAR MANAGEMENT CO., LTD. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 8 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) HUDSON ADVISORS, L.L.C. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 9 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) HUDSON ADVISORS ASSOCIATES, L.P. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 10 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) ADVISORS GENPAR, INC. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION TEXAS - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 11 of 29 Pages - ------------------------------------------------------------------------------- ============================================================================= 1 NAMES OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JOHN P. GRAYKEN - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - ----------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] - ----------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION IRELAND - ----------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ----------------------------------------------------------------------------- 8 SHARED VOTING POWER 785,100 - ----------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER - ----------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 785,100 - ----------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 785,100 - ----------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.8% - ----------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ============================================================================= *SEE INSTRUCTIONS BEFORE FILLING OUT! - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 12 of 29 Pages - ------------------------------------------------------------------------------- ITEM 1. SECURITY AND ISSUER. This statement relates to the common stock, $0.05 par value per share (the "Common Stock"), of California Coastal Communities, Inc., a Delaware corporation ("CCC"). The address of the principal executive offices of CCC is 6 Executive Circle, Suite 250, Irvine California 92614. ITEM 2. IDENTITY AND BACKGROUND. This statement is filed on behalf of Lone Star Securities Fund, L.L.C., a Delaware limited liability corporation ("Securities"). The managing member of Securities is LSOF Investments, LLC, a Delaware limited liability company ("Investments"). The sole member of Investments is Lone Star Securities Limited, a Bermuda exempted limited liability company ("LSS"). The sole shareholder of LSS is Lone Star Opportunity Fund, L.P., a Delaware limited partnership ("Lone Star"). The general partner of Lone Star is Lone Star Partner, L.P., a Delaware limited partnership ("Partner"). The general partner of Partner is Lone Star Management Co., Ltd., a Delaware corporation ("Management"). Hudson Advisors, L.L.C., a Texas limited liability company ("Hudson"), is the asset manager for Securities pursuant to an Asset Management Agreement and it manages, among other things, the Common Stock of CCC owned by Securities. Hudson Advisors Associates, L.P., a Texas limited partnership ("Associates"), is the majority owner of the membership interests of Hudson. Advisors GenPar, Inc., a Texas corporation ("Advisors"), is the general partner of Associates. John P. Grayken ("Grayken"), a citizen of Ireland, is the sole stockholder, sole director and President of Management and the sole stockholder and sole director of Advisors. The address of the principal offices and business address of Securities, Investments, Lone Star, Partner and Management is 600 North Pearl Street, Suite 1550, Dallas, Texas 75201. The address of the principal offices and business address of Hudson, Associates and Advisors is 600 North Pearl Street, Suite 1500, Dallas, Texas 75201. The address of the principal offices and business address of LSS is Clarendon House, Two Church Street, Hamilton HM 11 Bermuda. The business address of Grayken, is 50 Welbeck Street, London, United Kingdom, W1M7HE. Securities, Investments, LSS, Lone Star, Partner, Management, Hudson, Associates and Advisors (collectively, the "Lone Star Entities" and together with Grayken, the "Reporting Entities") are all part of a private investment partnership investing in a broad range of primarily real estate related investments. Lone Star's investors are primarily pension funds and other institutional investors. Grayken's principal occupation is serving in the aforementioned offices of Management. None of the Reporting Entities has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). None of the Reporting Entities has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Other Information - ----------------- Attached as Schedule I hereto is a list of (a) the directors and executive officers of LSS, Management and Advisors and (b) the officers and members of Securities, Investments and Hudson which contains the following information with respect to each person: (i) name; - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 13 of 29 Pages - ------------------------------------------------------------------------------- (ii) principal business address; and (iii) present principal occupation or employment. None of the persons identified on Schedule I hereto has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). None of the persons identified on Schedule I hereto has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Each person identified on Schedule I hereto is a United States citizen, other than Grayken, who is a citizen of Ireland. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. From September 1997 until October 1998, Securities purchased an aggregate of 785,100 shares of CCC's Common Stock (the "Shares") in the open market. The aggregate cost of the Shares was $8,726,740. Such funds were provided by capital contributions from partners of Lone Star. ITEM 4. PURPOSE OF THE TRANSACTION. Securities initially acquired the Shares for investment purposes. The Reporting Entities may purchase additional shares of the CCC Common Stock or dispose of all or some of the Shares from time to time, in each case in open market or private transactions, or the Reporting Entities may continue to hold the Shares. Securities filed a Schedule 13G on October 21, 1998, and Amendment No. 1 to its Schedule 13G on June 2, 2000. However, the Reporting Entities no longer hold the CCC Shares in the ordinary course of business. This Schedule 13D filing which is made in lieu of the Reporting Entities' previous filing of Schedule 13G, results from the intention of the Reporting Entities to consider its investment in CCC on a continuing basis and take any actions it deems prudent in order to preserve or enhance the value of its investment in CCC. Depending on various factors including, without limitation, CCC's financial position and investment strategy, the outcome of the Bolsa Chica litigation, the price levels of its Common Stock, conditions in the securities market and general economic and industry conditions, the Reporting Entities may, among other things, communicate with other stockholders, make proposals to CCC concerning the operations of CCC, make offers to acquire any of the assets of CCC, purchase additional shares of CCC Common Stock or sell some or all of the Shares or change its intention with respect to any and all matters referred to in Item 4. Except as described herein, none of the reporting persons has any present plans or proposals that would result in or relate to any of the transaction enumerated in Item 4 of Schedule 13D, although each reserves the right to exercise any and all of their respective rights as a stockholder of CCC from time to time. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. The Reporting Entities each, directly or indirectly, beneficially owns and has the shared power to vote and dispose of 785,100 shares of Common Stock as described above (approximately 7.8% of the shares of Common Stock based on the information as to the number of shares of Common Stock outstanding on April 30, 2001, as reported in CCC's Quarterly Report on Form 10-Q for the period - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 14 of 29 Pages - ------------------------------------------------------------------------------- ended March 31, 2001). None of the Reporting Entities has effected any transaction in any shares of Common Stock during the past sixty days. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Other than as described in this Schedule 13D, none of the Reporting Entities has any contracts, arrangements, understandings or relationships with any person with respect to any securities of CCC. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. 1. Joint Filing Agreement dated August 8, 2001, by and among Lone Star Securities Fund, L.L.C., Lone Star Investments, LLC, Lone Star Securities Limited, Lone Star Opportunity Fund, L.P., Lone Star Partner, L.P., Lone Star Management Co., Ltd., Hudson Advisors, L.L.C., Hudson Advisors Associates, L.P., Advisors GenPar, Inc. and John P. Grayken. - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 15 of 29 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. Date: August 7, 2001 LONE STAR SECURITIES FUND, L.L.C. By: LSOF Investments, LLC. its: Managing Member By: Lone Star Securities Limited its: Sole Member By: Lone Star Opportunity Fund, L.P. its: Sole Shareholder By: Lone Star Partner, L.P. its: General Partner By: Lone Star Management Co., Ltd. its: General Partner By: /s/ J.D. Dell ----------------------- J.D. Dell Vice President Date: August 7, 2001 LSOF INVESTMENTS, LLC By: Lone Star Securities Limited its: Sole Member By: Lone Star Opportunity Fund, L.P. its: Sole Shareholder By: Lone Star Partner, L.P. its: General Partner By: Lone Star Management Co., Ltd. its: General Partner By: /s/ J.D. Dell ----------------------- J.D. Dell Vice President
- ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 16 of 29 Pages - ------------------------------------------------------------------------------- Date: August 7, 2001 LONE STAR SECURITIES LIMITED By: Lone Star Opportunity Fund, L.P. its: Sole Shareholder By: Lone Star Partner, L.P., its: General Partner By: Lone Star Management Co., Ltd., its: General Partner By:/s/ J.D. Dell ----------------------- J.D. Dell Vice President Date: August 7, 2001 LONE STAR OPPORTUNITY FUND, L.P. By: Lone Star Partner, L.P., its General Partner By: Lone Star Management Co., Ltd., its: General Partner By:/s/ J.D. Dell ---------------------------------- J.D. Dell Vice President Date: August 7, 2001 LONE STAR PARTNER, L.P. By: Lone Star Management Co., Ltd., its: General Partner By:/s/ J.D. Dell ---------------------------------------- J.D. Dell Vice President - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 17 of 29 Pages - ------------------------------------------------------------------------------- Date: August 7, 2001 LONE STAR MANAGEMENT CO., LTD. By:/s/ J.D. Dell ------------------------------------------- J.D. Dell Vice President Date: August 7, 2001 HUDSON ADVISORS, L.L.C. By:/s/ Robert J. Corcoran ------------------------------------------- Robert J. Corcoran President Date: August 7, 2001 ADVISORS GENPAR, INC. By:/s/ J.D. Dell ------------------------------------------- J.D. Dell Vice President Date: August 7, 2001 HUDSON ADVISORS ASSOCIATES, L.P. By: Advisors GenPar, Inc. its: General Partner By:/s/J.D. Dell ------------------------------------ J.D. Dell Vice President Date: August 8, 2001 /s/ John P. Grayken ---------------------------------------------- John P. Grayken - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 18 of 29 Pages - ------------------------------------------------------------------------------- SCHEDULE I ---------- Instruction C. Information for (a) the directors and executive officers of LSS, Management and Advisors and (b) the officers and members of Securities, Investments and Hudson. OFFICERS AND MEMBER OF SECURITIES Name: J.D. Dell Present Principal Occupation or Employment: President Business Address: Lone Star Securities Fund, L.L.C. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Robert J. Corcoran Present Principal Occupation or Employment: Vice President and Assistant Secretary Business Address: Lone Star Securities Fund, L.L.C . 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Louis Paletta Present Principal Occupation or Employment: Vice President Business Address: Lone Star Securities Fund, L.L.C . 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Benjamin D. Velvin, III Present Principal Occupation or Employment: Vice President Business Address: Lone Star Securities Fund, L.L.C. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 19 of 29 Pages - ------------------------------------------------------------------------------- Name: LSOF Investments, LLC Present Principal Occupation or Employment: Managing Member Business Address: Lone Star Securities Fund, L.L.C. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 20 of 29 Pages - ------------------------------------------------------------------------------- OFFICERS AND MEMBER OF INVESTMENTS Name: J.D. Dell Present Principal Occupation or Employment: President Business Address: LSOF Investments, LLC 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Louis Paletta Present Principal Occupation or Employment: Vice President Business Address: LSOF Investments, LLC 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Benjamin D. Velvin, III Present Principal Occupation or Employment: Vice President Business Address: LSOF Investments, LLC 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Lone Star Securities Limited Present Principal Occupation or Employment: Sole Member Business Address: Clarendon House Two Church Street Hamilton HM11 Bermuda Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 21 of 29 Pages - ------------------------------------------------------------------------------- OFFICERS AND DIRECTORS OF LSS Name: John P. Grayken Present Principal Occupation or Employment: President and Director Business Address: 50 Welbeck Street London, United Kingdom W1M 7HE Name: J.D. Dell Present Principal Occupation or Employment: Vice President and Director Business Address: Lone Star Securities Limited 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Louis Paletta Present Principal Occupation or Employment: Vice President Business Address: Lone Star Securities Limited 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Benjamin D. Velvin, III Present Principal Occupation or Employment: Vice President and Director Business Address: Lone Star Securities Limited 600 North Pearl Street Suite 1550 Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 22 of 29 Pages - ------------------------------------------------------------------------------- Name: Dawn C. Griffiths Present Principal Occupation or Employment: Director Business Address: Lone Star Securities Limited 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Michael D. Thomson Present Principal Occupation or Employment: Vice President and Director Business Address: Lone Star Securities Limited 600 North Pearl Street Suite 1550 Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 23 of 29 Pages - ------------------------------------------------------------------------------- OFFICERS AND DIRECTORS OF MANAGEMENT Name: John P. Grayken Present Principal Occupation or Employment: President and Director Business Address: 50 Welbeck Street London, United Kingdom W1M 7HE Name: J.D. Dell Present Principal Occupation or Employment: Vice President Business Address: Lone Star Management Co., Ltd. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Louis Paletta Present Principal Occupation or Employment: Vice President Business Address: Lone Star Management Co., Ltd. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Benjamin D. Velvin, III Present Principal Occupation or Employment: Vice President and Assistant Secretary Business Address: Lone Star Management Co., Ltd. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 24 of 29 Pages - ------------------------------------------------------------------------------- OFFICERS AND DIRECTORS OF ADVISORS Name: Robert J. Corcoran Present Principal Occupation or Employment: President Business Address: Advisors GenPar, Inc. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Benjamin D. Velvin, III Present Principal Occupation or Employment: Vice President Business Address: Advisors GenPar, Inc. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: J.D. Dell Present Principal Occupation or Employment: Vice President Business Address: Advisors GenPar, Inc. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: John P. Grayken Present Principal Occupation or Director Employment: Business Address: Advisors GenPar, Inc. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 25 of 29 Pages - ------------------------------------------------------------------------------- OFFICERS AND MEMBER OF HUDSON Name: Robert J. Corcoran Present Principal Occupation or Employment: President and Chief Financial Officer Business Address: Hudson Advisors, L.L.C. 600 North Pearl Street Suite 1500 Dallas, Texas 75201 Name: J.D. Dell Present Principal Occupation or Employment: Executive Vice President Business Address: Hudson Advisors, L.L.C. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Steven R. Shearer Present Principal Occupation or Vice President Employment: Business Address: Hudson Advisors, L.L.C. 600 North Pearl Street Suite 1550 Dallas, Texas 75201 Name: Hudson Advisors Associates, L.P. Present Principal Occupation or Employment: Managing Member Hudson Advisors, L.L.C. 600 North Pearl Street Suite 1550 Dallas, Texas 75201
- ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 26 of 29 Pages - ------------------------------------------------------------------------------- EXHIBIT INDEX 99.1 Joint Filing Agreement dated August 8, 2001, by and among Lone Star Securities Fund, L.L.C., Lone Star Investments, LLC, Lone Star Securities Limited, Lone Star Opportunity Fund, L.P., Lone Star Partner, L.P., Lone Star Management Co., Ltd., Hudson Advisors, L.L.C., Hudson Advisors Associates, L.P., Advisors GenPar, Inc. and John P. Grayken. EX-99.1 3 a8-7ex99_1.txt EXHIBIT 99.1 - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 27 of 29 Pages - ------------------------------------------------------------------------------- EXHIBIT 99.1 JOINT FILING AGREEMENT The undersigned hereby agree that any Statement on Schedule 13D to be filed with the Securities and Exchange Commission by any of the undersigned, including any amendment thereto, with respect to the securities of California Coastal Communities, Inc. may be filed by any of the undersigned as a joint filing of all of the undersigned. This Joint Filing Agreement shall be filed as an Exhibit to such statement. Date: August 7, 2001 LONE STAR SECURITIES FUND, L.L.C. By: LSOF Investments, LLC. its: Managing Member By: Lone Star Securities Limited its: Sole Member By: Lone Star Opportunity Fund, L.P. its: Sole Shareholder By: Lone Star Partner, L.P. its: General Partner By: Lone Star Management Co., Ltd. its: General Partner By: /s/ J.D. Dell ----------------------- J.D. Dell Vice President Date: August 7, 2001 LSOF INVESTMENTS, LLC By: Lone Star Securities Limited its: Sole Member By: Lone Star Opportunity Fund, L.P. its: Sole Shareholder By: Lone Star Partner, L.P. its: General Partner By: Lone Star Management Co., Ltd. its: General Partner By: /s/ J.D. Dell ----------------------- J.D. Dell Vice President
- ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 28 of 29 Pages - ------------------------------------------------------------------------------- Date: August 7, 2001 LONE STAR SECURITIES LIMITED By: Lone Star Opportunity Fund, L.P. its: Sole Shareholder By: Lone Star Partner, L.P., its: General Partner By: Lone Star Management Co., Ltd., its: General Partner By:/s/ J.D. Dell ----------------------- J.D. Dell Vice President Date: August 7, 2001 LONE STAR OPPORTUNITY FUND, L.P. By: Lone Star Partner, L.P., its General Partner By: Lone Star Management Co., Ltd., its: General Partner By:/s/ J.D. Dell ---------------------------------- J.D. Dell Vice President - ------------------------------------------------------------------------------- CUSIP No. 500434303 13D Page 29 of 29 Pages - ------------------------------------------------------------------------------- Date: August 7, 2001 LONE STAR PARTNER, L.P. By: Lone Star Management Co., Ltd., its: General Partner By:/s/ J.D. Dell ---------------------------------------- J.D. Dell Vice President Date: August 7, 2001 LONE STAR MANAGEMENT CO., LTD. By:/s/ J.D. Dell ------------------------------------------- J.D. Dell Vice President Date: August 7, 2001 HUDSON ADVISORS, L.L.C. By:/s/ Robert J. Corcoran ------------------------------------------- Robert J. Corcoran President Date: August 7, 2001 ADVISORS GENPAR, INC. By:/s/ J.D. Dell ------------------------------------------- J.D. Dell Vice President Date: August 7, 2001 HUDSON ADVISORS ASSOCIATES, L.P. By: Advisors GenPar, Inc. its: General Partner By:/s/J.D. Dell ------------------------------------ J.D. Dell Vice President Date: August 8, 2001 /s/ John P. Grayken ---------------------------------------------- John P. Grayken -----END PRIVACY-ENHANCED MESSAGE-----