TANGER INC. — Director's Dealing 2014

Aug 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2014-08-15

Reporting Person: DRAPKIN DONALD G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-15	Common Stock	A	480.93	—	Acquired	23604.43	Direct

Footnotes

F1: Represents deferred share units issued pursuant to the Director Deferred Share Program of Tanger Factory Outlet Centers, Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share unit becomes payable in common shares upon the reporting person's termination of service as a director.