Bilerman Michael J 4
4 · TANGER FACTORY OUTLET CENTERS, INC · Filed Dec 1, 2022
Insider Transaction Report
Form 4
Bilerman Michael J
See Remarks
Transactions
- Award
Non-qualified Stock Option (Right to Buy)
2022-11-29+250,000→ 250,000 totalExercise: $19.37Exp: 2032-11-29→ Common Stock (250,000 underlying) - Award
Common Stock
2022-11-29+129,066→ 129,066 total
Footnotes (2)
- [F1]Represents a grant of restricted common shares. The restricted common shares vest and the restrictions cease to apply on 50% of the award on November 29, 2024, 25% of the award on November 29, 2025 and 25% of the award on November 29, 2026.
- [F2]Represents a grant of non-qualified share options. The options vest and the restrictions cease to apply on 60% of the award on November 29, 2025, 20% of the award on November 29, 2026 and 20% of the award on November 29, 2027.