TANGER INC. — Director's Dealing 2020

Aug 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER FACTORY OUTLET CENTERS, INC (SKT)
CIK: 0000899715
Period of Report: 2020-08-18

Reporting Person: TANGER STEVEN B (Director, CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-18	Limited Partnership Units	$0.0	J	251137	Acquired		Common Stock (251137.0)	Indirect

Footnotes

F1: Each limited partnership unit is immediately exchangeable into one common share of Tanger Factory Outlet Centers, Inc.

F2: Units were acquired in a private transaction with another limited partner in settlement of a debt.

F3: The limited partnership units have no expiration date.

F4: The Reporting Person forgave approximately $1,597,855 of loans owed to him by another limited partner (or $6.3625 per unit) in connection with the transaction.