CUSIP
No.
00724x102
|
13G
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Page
2 of 10
Pages
|
|
|
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ziff
Asset Management,
L.P.
|
2
|
CHECK
THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a)
o
(b)
o
|
3
|
SEC
USE ONLY
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
NUMBER
OF
SHARES
|
5
|
SOLE
VOTING POWER
0
|
BENEFICIALLY
OWNED
BY
|
6
|
SHARED
VOTING POWER
0
|
EACH
REPORTING
|
7
|
SOLE
DISPOSITIVE POWER
0
|
PERSON
WITH
|
8
|
SHARED
DISPOSITIVE POWER
0
|
9
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AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
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)
0.0%
|
12
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP
No.
00724x102
|
13G
|
Page 3
of 10
Pages
|
|
|
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PBK
Holdings, Inc.
|
2
|
CHECK
THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a)
o
(b)
o
|
3
|
SEC
USE ONLY
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
NUMBER
OF
SHARES
|
5
|
SOLE
VOTING POWER
0
|
BENEFICIALLY
OWNED
BY
|
6
|
SHARED
VOTING POWER
0
|
EACH
REPORTING
|
7
|
SOLE
DISPOSITIVE POWER
0
|
PERSON
WITH
|
8
|
SHARED
DISPOSITIVE POWER
0
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
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)
0.0%
|
12
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
|
CUSIP
No.
00724x102
|
13G
|
Page 4
of 10
Pages
|
|
|
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Philip
B. Korsant
|
2
|
CHECK
THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (SEE
INSTRUCTIONS)
(a)
o
(b)
o
|
3
|
SEC
USE ONLY
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States of
America
|
NUMBER
OF
SHARES
|
5
|
SOLE
VOTING POWER
0
|
BENEFICIALLY
OWNED
BY
|
6
|
SHARED
VOTING POWER
0
|
EACH
REPORTING
|
7
|
SOLE
DISPOSITIVE POWER
0
|
PERSON
WITH
|
8
|
SHARED
DISPOSITIVE POWER
0
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
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)
0.0%
|
12
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
CUSIP
No.
00724x102
|
13G
|
Page 5
of 10
Pages
|
|
|
1
|
NAMES
OF REPORTING PERSONS
I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ZBI
Equities, L.L.C.
|
2
|
CHECK
THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
o
(b)
o
|
3
|
SEC
USE ONLY
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
NUMBER
OF
SHARES
|
5
|
SOLE
VOTING POWER
0
|
BENEFICIALLY
OWNED
BY
|
6
|
SHARED
VOTING POWER
0
|
EACH
REPORTING
|
7
|
SOLE
DISPOSITIVE POWER
0
|
PERSON
WITH
|
8
|
SHARED
DISPOSITIVE POWER
0
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
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)
0.0%
|
12
|
TYPE
OF REPORTING PERSON (SEE INSTRUCTIONS)
IA
|
Item
1.
(a) Name
of Issuer
Adolor
Corporation
Item
1.
(b)
Address
of Issuer’s Principal Executive Offices
700
Pennsylvania Drive
Exton,
Pennsylvania 19341
Item
2. (a)
Name of Person
Filing
This
Schedule 13G is being filed on behalf of the following persons (the “Reporting
Persons”)*:
(i) Ziff
Asset Management, L.P. (“ZAM”);
(ii) PBK
Holdings, Inc. (“PBK”);
(iii) Philip
B. Korsant; and
(iv) ZBI
Equities, L.L.C. (“ZBI”);
* Attached
as Exhibit A is a copy of an agreement among the Reporting Persons that this
Schedule 13G is being filed on behalf of each of them.
Item
2. (b)
Address of Principal Business Office or, if None, Residence
Ziff
Asset Management, L.P.
283
Greenwich Avenue
Greenwich,
CT 06830
PBK
Holdings, Inc.
283
Greenwich Avenue
Greenwich,
CT 06830
Philip
B.
Korsant
283
Greenwich Avenue
Greenwich,
CT 06830
ZBI
Equities, L.L.C.
283
Greenwich Avenue
Greenwich,
CT 06830
Item
2. (c)
Citizenship
See
Item
4 of the attached cover pages.
Item
2.
(d)
Title of Class of
Securities
Common
Stock $0.0001 par value (the “Common Stock”)
Item
2. (e)
CUSIP
Number
00724x102
Item
3.
Not
applicable as this Schedule 13G is filed pursuant to Rule 13d-1(c).
Item
4.
Ownership
(a)
Amount
beneficially
owned:
See
Item 9 of the attached cover
pages.
(b)
Percent
of class:
See
Item 11 of the attached cover
pages.
(c) Number
of shares as to which such person has:
(i) Sole
power to vote or to direct the vote:
See Item 5 of the attached cover pages.
(ii) Shared
power to vote or to direct the vote:
See
Item 6 of the attached cover
pages.
(iii) Sole
power to dispose or to direct the disposition:
See
Item 7 of the attached cover
pages.
(iv) Shared
power to dispose or to direct the disposition:
See
Item 8 of the attached cover
pages.
Item
5. Ownership
of Five Percent or Less of a Class
Item
5 is
hereby amended and restated in its entirety as follows:
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 [X].
Item
6. Ownership
of More than Five Percent on Behalf of Another Person
Item
6 is
hereby amended and restated in its entirety as follows:
Not
Applicable.
Item
7.
|
Identification
and
Classification of the Subsidiary Which Acquired the Security Being
Reported on by the Parent Holding
Company
|
Not
Applicable.
Item
8. Identification
and Classification of Members of the Group
Not
Applicable.
Item
9. Notice
of Dissolution of Group
Not
Applicable.
Item
10. Certification
By
signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer
of
the securities and were not acquired and are not held in connection with or
as a
participant in any transaction having that purpose or effect.
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: February
13, 2008
|
ZIFF
ASSET MANAGEMENT, L.P.
By: PBK
Holdings, Inc., its general partner
|
|
By:
|
/s/
DAVID GRAY
|
|
Name:
|
David
Gray
|
|
Title:
|
Vice
President
|
|
PBK
HOLDINGS, INC.
|
|
By:
|
/s/
DAVID GRAY
|
|
Name:
|
David
Gray
|
|
Title:
|
Vice
President
|
|
|
|
|
/s/
PHILIP B.
KORSANT
|
|
Philip
B. Korsant
|
|
ZBI
EQUITIES, L.L.C.
By: PBK
Holdings, Inc., its sole member
|
|
By:
|
/s/
DAVID GRAY
|
|
Name:
|
David
Gray
|
|
Title:
|
Vice
President
|
EXHIBIT
A
The
undersigned, Ziff Asset Management,
L.P., a Delaware limited partnership, PBK Holdings, Inc., a Delaware
corporation, Philip B. Korsant, and ZBI Equities, L.L.C., a Delaware limited
liability company, hereby agree and acknowledge that the information required
by
this Schedule 13G, to which this Agreement is attached as an exhibit, is filed
on behalf of each of them. The undersigned further agree that any
further amendments or supplements thereto shall also be filed on behalf of
each
of them.
Dated: February
13, 2008
|
ZIFF
ASSET MANAGEMENT, L.P.
By: PBK
Holdings, Inc., its general partner
|
|
By:
|
/s/
DAVID GRAY
|
|
Name:
|
David
Gray
|
|
Title:
|
Vice
President
|
|
PBK
HOLDINGS, INC.
|
|
By:
|
/s/
DAVID GRAY
|
|
Name:
|
David
Gray
|
|
Title:
|
Vice
President
|
|
|
|
|
/s/
PHILIP B.
KORSANT
|
|
Philip
B. Korsant
|
|
ZBI
EQUITIES, L.L.C.
By: PBK
Holdings, Inc., its sole member
|
|
By:
|
/s/
DAVID GRAY
|
|
Name:
|
David
Gray
|
|
Title:
|
Vice
President
|