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4//SEC Filing

TANGER STANLEY K 4

Accession 0000899715-09-000093

CIK 0000899715other

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 4:21 PM ET

Size

9.0 KB

Accession

0000899715-09-000093

Insider Transaction Report

Form 4
Period: 2009-03-17
TANGER STANLEY K
DirectorChairman10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2009-03-17$19.41/sh+13,000$252,395676,264 total
  • Exercise/Conversion

    Limited Partnership Unit Option (right to buy)

    2009-03-1713,00020,000 total
    Exercise: $19.41From: 2005-04-27Exp: 2014-04-27Common Stock (13,000 underlying)
Holdings
  • Common Stock

    (indirect: By Partnership)
    278,062
  • Common Stock

    (indirect: By Spouse)
    2,000
Footnotes (2)
  • [F1]Options to purchase limited partnership units, granted pursuant to the Tanger Properties Limited Partnership Unit Option Plan. Due to the two-for-one split of the Company's common shares on December 28, 2004, each unit obtained upon exercise of option is now exchangeable for common shares on a two-for-one basis except under certain circumstances to preserve the Company's status as a real estate investment trust for income tax purposes. Accordingly, the number of options and the exercise prices stated have been adjusted to reflect the effect of the split.
  • [F2]The option becomes exercisable in five equal annual installments, commencing one year from the date of grant.

Issuer

TANGER FACTORY OUTLET CENTERS INC

CIK 0000899715

Entity typeother

Related Parties

1
  • filerCIK 0000939152

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:21 PM ET
Size
9.0 KB