4//SEC Filing
CANYON CAPITAL ADVISORS LLC 4
Accession 0001104659-19-041870
CIK 0001593538other
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 5:05 PM ET
Size
9.2 KB
Accession
0001104659-19-041870
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
Friedman Joshua S
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
2019-07-24$14.95/sh−3,500,000$52,325,000→ 22,149,480 total(indirect: See footnotes)
Julis Mitchell R
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
2019-07-24$14.95/sh−3,500,000$52,325,000→ 22,149,480 total(indirect: See footnotes)
CANYON CAPITAL ADVISORS LLC
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
2019-07-24$14.95/sh−3,500,000$52,325,000→ 22,149,480 total(indirect: See footnotes)
Footnotes (2)
- [F1]This Form 4 is being filed jointly by Canyon Capital Advisors LLC, a Delaware limited liability company ("CCA"), Mitchell R. Julis, a citizen of the United States of America, and Joshua S. Friedman, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The business address of each of the Reporting Persons is 2000 Avenue of the Stars, 11th Floor, Los Angeles, CA 90067.
- [F2]CCA, as the investment advisor to certain managed accounts that directly hold the Subject Securities, including Canyon Value Realization Fund, L.P., The Canyon Value Realization Master Fund (Cayman), L.P., Canyon Value Realization Fund MAC 18, Ltd., Canyon Balanced Master Fund, Ltd., Canyon-GRF Master Fund II, L.P., Canyon Distressed Opportunity Master Fund II, L.P., EP Canyon Ltd. and Canyon NZ-DOF Investing, L.P., may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Mitchell R. Julis and Joshua S. Friedman, as persons who manage CCA and control the entities which own 100% of CCA, may each be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims beneficial ownership of the Subject Securities except to the extent of any pecuniary interest therein.
Documents
Issuer
NAVIENT CORP
CIK 0001593538
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001074034
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 5:05 PM ET
- Size
- 9.2 KB