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TANGER INC. — Director's Dealing 2012
May 31, 2012
31204_dirs_2012-05-31_c703c6ee-d43c-465e-86cc-b933106a0dd4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2012-05-30
Reporting Person: Williams James Floyd (Sr.Vice President & Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-30 | Common Stock | M | 3000 | $9.7075 | Acquired | 38956 | Direct |
| 2012-05-30 | Common Stock | S | 3000 | $31.15 | Disposed | 35956 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-30 | Limited Partnership Unit Option (Right to Buy) | $9.7075 | M | 3000 | Disposed | 2014-04-27 | Common Stock (3000) | Direct |
Footnotes
F1: Options to purchase limited partnership units of Tanger Properties Limited Partnership, granted pursuant to the Amended and Restated Incentive Award Plan of Tanger Factory Outlet Centers, Inc. and Tanger Properties Limited Partnership. The number of options and the exercise prices stated above have been adjusted to relfect the effect of the prior splits of the common shares of Tanger Factory Outlet Centers, Inc.
F2: The option becomes exercisable in five equal annual installments, commencing one year from the date of grant.