UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

Jazz Pharmaceuticals, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

472147 10 7

(CUSIP Number)

December 31, 2007

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

 

*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. 472147 10 7

 

 

1.

Names of Reporting Persons
Jazz Investors, LLC

 

 

2.

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

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
1,325,295 shares

 

6.

Shared Voting Power
0

 

7.

Sole Dispositive Power
1,325,295 shares

 

8.

Shared Dispositive Power
0

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,325,295 shares

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 5.4%* as of the date of this filing

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

*       Based on 24,622,636 outstanding shares of the Common Stock of Issuer, as reported in the Issuer’s Form 10-Q for the quarter ended March 31, 2008.

 

2


 

CUSIP No. 472147 10 7

 

 

1.

Names of Reporting Persons
Beecken Petty O’Keefe & Company, LLC

 

 

2.

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

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
0

 

6.

Shared Voting Power
1,325,295 shares

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
1,325,295 shares

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,325,295 shares

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
Approximately 5.4%* as of the date of this filing

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

*       Based on 24,622,636 outstanding shares of the Common Stock of Issuer, as reported in the Issuer’s Form 10-Q for the quarter ended March 31, 2008.

 

3


 

CUSIP No. 472147 10 7

 

Item 1.

 

(a)

Name of Issuer
Jazz Pharmaceuticals, Inc.

 

(b)

Address of Issuer’s Principal Executive Offices
3180 Porter Drive

Palo Alto, California 94304

 

Item 2.

 

(a)

Name of Person Filing

 

(b)

Address of Principal Business Office or, if none, Residence

 

(c)

Citizenship

 

 

Jazz Investors, LLC
c/o Beecken Petty O’Keefe & Company, LLC
131 South Dearborn Street
Suite 2800
Chicago, Illinois  60603
Delaware

 

 

 

 

 

Beecken Petty O’Keefe & Company, LLC
131 South Dearborn Street
Suite 2800
Chicago, Illinois  60603
Delaware

 

 

 

 

(d)

Title of Class of Securities
Common Stock, par value $.0001 per share

 

(e)

CUSIP Number
472147 10 7

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

o

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Not applicable

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a)

Amount beneficially owned:

Jazz Investors, LLC directly holds 1,325,295 shares of Common Stock of the Issuer.  Beecken Petty O’Keefe & Company, LLC is the sole manager of Jazz Investors, LLC, and in such capacity may be deemed to have the power to direct the voting and disposition, and to share beneficial ownership, of the securities owned of record by Jazz Investors, LLC.  David K. Beecken, William G. Petty, Jr. and Kenneth W. O’Keefe are the member managers of Beecken Petty O’Keefe & Company, LLC.  Each of such individuals may be deemed to share beneficial ownership of any shares beneficially owned by Beecken Petty O’Keefe & Company, LLC, but disclaims beneficial ownership of such shares.

 

4


 

CUSIP No. 472147 10 7

 

The persons named in Item 2(a) of this Schedule 13G may be deemed to be a group with respect to the securities of the Issuer which they hold directly or indirectly.  Such persons disclaim such group membership.

 

(b)

Percent of class:

See Item 11 of each cover page

 

(c)

Number of shares as to which the person has:

 

 

(i)

Sole power to vote or to direct the vote

See Item 5 of each cover page

 

 

(ii)

Shared power to vote or to direct the vote

See Item 6 of each cover page

 

 

(iii)

Sole power to dispose or to direct the disposition of

See Item 7 of each cover page

 

 

(iv)

Shared power to dispose or to direct the disposition of

See Item 8 of each cover page

 

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  o.

Not Applicable

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

See Item 4 above

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable

 

Item 8.

Identification and Classification of Members of the Group

See Exhibit A

 

Item 9.

Notice of Dissolution of Group

Not Applicable

 

Item 10.

Certification

Not Applicable

 

5


 

CUSIP No. 472147 10 7

 

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 this 19th day of June, 2008

 

 

JAZZ INVESTORS, LLC,
a Delaware limited liability company

 

By:  Beecken Petty O’Keefe & Company,
LLC,

 

 

a Delaware limited liability company,
its sole manager

 

 

 

 

 

 

 

 

By:

/s/ John W. Kneen

 

 

Name:

John W. Kneen

 

 

Its:

Vice President and Chief
Financial Officer

 

 

 

 

BEECKEN PETTY O’KEEFE &
COMPANY, LLC

 

 

 

 

 

By:

/s/ John W. Kneen

 

Name:

John W. Kneen

 

Its:

Vice President and Chief Financial
Officer

 

6


 

CUSIP No. 472147 10 7

 

Exhibit A

 

Jazz Investors, LLC and Beecken Petty O’Keefe & Company, LLC may be deemed to be a group under Section 13(d) of the Securities Exchange Act of 1934 (the “Exchange Act”) with respect to the securities of the Issuer.  Such persons disclaim such group membership.  The filing of this statement shall not be deemed an admission that, for purposes of Section 13 of the Exchange Act, or otherwise, a Reporting Person is the beneficial owner of equity securities covered by this statement or any other statement that are beneficially owned, directly or indirectly, by any other person.

 


 

CUSIP No. 472147 10 7

 

Exhibit B

Agreement of Joint Filing

 

The undersigned acknowledge and agree that the foregoing Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements.  The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that it knows or has reason to believe that such information is inaccurate.

 

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of this 19th day of June, 2008.

 

 

 

JAZZ INVESTORS, LLC,
a Delaware limited liability company

 

By:  Beecken Petty O’Keefe & Company,
LLC,

 

 

a Delaware limited liability company,
its sole manager

 

 

 

 

 

 

 

 

By:

/s/ John W. Kneen

 

 

Name:

John W. Kneen

 

 

Its:

Vice President and Chief
Financial Officer

 

 

 

 

BEECKEN PETTY O’KEEFE &
COMPANY, LLC

 

 

 

 

 

By:

/s/ John W. Kneen

 

Name:

John W. Kneen

 

Its:

Vice President and Chief Financial
Officer