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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
899715	Tanger Factory Outlet Centers Inc	SKT	Real Estate Investment Trusts (6798)	561815473

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1288851	Floyd James Williams	3200 Northline Avenue, Suite 360 Greensboro NC 27408	Sr.vice President & Controller	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-05-30	3,000	$9.71	38,956	No	4	M	Direct
Common Stock	Disposition	2012-05-30	3,000	$31.15	35,956	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Limited Partnership Unit Option (Right to Buy)	Disposition	2012-05-30	3,000	$0.00	3,000	$9.71

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2005-04-27	2014-04-27	No	4	M	Direct

Footnotes

Options to purchase limited partnership units of Tanger Properties Limited Partnership, granted pursuant to the Amended and Restated Incentive Award Plan of Tanger Factory Outlet Centers, Inc. and Tanger Properties Limited Partnership. The number of options and the exercise prices stated above have been adjusted to relfect the effect of the prior splits of the common shares of Tanger Factory Outlet Centers, Inc.
The option becomes exercisable in five equal annual installments, commencing one year from the date of grant.