TANGER INC. — Director's Dealing 2019

Jan 25, 2019

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS INC (SKT)
CIK: 0000899715
Period of Report: 2018-12-31

Reporting Person: TANGER STEVEN B (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-28	Common Stock	G	5000	—	Disposed	1101983	Direct
2018-11-28	Common Stock	G	5000	—	Acquired	5000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-30	Limited Partnership Units	$0.0	G	34060	Disposed		Common Stock (34060.0)	Indirect
2018-12-12	Limited Partnership Units	$0.0	G	262	Disposed		Common Stock (262.0)	Indirect
2018-12-14	Limited Partnership Units	$0.0	G	427	Disposed		Common Stock (427.0)	Indirect

Footnotes

F1: This transaction involved a gift of securities by Mr. Tanger to his wife. Mr. Tanger disclaims beneficial ownership of the shares held by his wife, and this report should not be deemed an admission that Mr. Tanger is the beneficial owner of his wife's shares for purposes of Section 16 or for any other purpose.

F2: Each limited partnership unit is immediately exchangeable into one common share of Tanger Factory Outlet Centers, Inc.

F3: The limited partnership units have no expiration date.