TANGER INC. — Director's Dealing 2016

May 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2016-05-06

Reporting Person: SUMMERELL VIRGINIA R (Senior VP, Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-06	Common Stock	S	4216	$36.096	Disposed	27815	Direct

Footnotes

F1: Represents the weighted average sales price of multiple transactions ranging from $36.091 to $36.101.