TANGER INC. — Director's Dealing 2013

Apr 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2013-04-03

Reporting Person: TANGER STEVEN B (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-03	Common Stock	G	18000	—	Disposed	547200	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13226	Indirect

Footnotes

F1: Mr. Tanger contributed the shares to Regnat, LLC whose sole memeber is the Steven B. Tanger 2011 Family Trust, an irrevocable Trust of which he is a beneficiary, but of which he is not the trustee or investment advisor and therefore he has no investment control over the shares indirectly held by the trust. Accordingly, Mr. Tanger is not deemed to be the beneficial owner of such shares.

F2: These securities are held by the Tanger 2012 Hancock Insurance Trust, of which Mr. Tanger and his sister, Susan Nehmen, are co-trustees. The beneficiaries of the trust are the grandchildren of Stanley and Doris Tanger, Mr. Tanger's parents. As such, Mr. Tanger disclaims beneficial ownership of these securities.