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TANGER INC. Director's Dealing 2015

May 30, 2015

31204_dirs_2015-05-29_2f7c9fc2-117e-4ac5-bb00-1880623ccbe0.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: 2015-05-27

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-27 Common Stock S 30000 $33.917 Disposed 839816 Direct
2015-05-28 Common Stock S 30000 $34.05 Disposed 809816 Direct

Footnotes

F1: Represents the weighted average sales price of multiple transactions ranging from $33.75 to $34.05.

F2: Represents the weighted average sales price of multiple transactions ranging from $34.00 to $34.10.