TANGER INC. — Director's Dealing 2014

Mar 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2014-02-28

Reporting Person: MARCHISELLO FRANK C JR (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-28	Common Stock	S	26620	$34.11	Disposed	505909	Direct

Footnotes

F1: Securities sold pursuant to a plan intended to comply with Rule 10b5-1, to direct the sale of certain restricted shares upon vesting to cover the applicable withholding taxes due upon vesting.

F2: Represents the weighted average sales price of multiple transactions ranging from $34.00 to $34.25.