Pacific Ethanol, Inc. (PEIX): Michael Lau’s Candlewood Investment Group Bought More Shares

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Page 10 of 14 – SEC Filing

CUSIP No. 69423U305
  1. 

Names
of Reporting Persons.

CWD OC 522 Master Fund, Ltd.

  2.

Check the Appropriate Box if a Member
of a Group (See Instructions)

(a)  ¨        (b)  ¨

  3.

SEC Use Only

  4.

Source of Funds (See
Instructions)

    WC

  5.

Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)    ¨

  6.

Citizenship or Place of
Organization

    Cayman Islands

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

  7. 

Sole Voting Power

    0

  8.

Shared Voting Power

    3,127,913

  9.

Sole Dispositive Power

    0

10.

Shared Dispositive Power

    3,127,913

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

    3,127,913

12.

Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)    ¨

13.

Percent of Class Represented by Amount
in Row (11)

    8.0%

14.

Type of Reporting Person (See
Instructions)

    OO

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Page 10 of 14