4//SEC Filing
TANGER STEVEN B 4
Accession 0000899715-25-000046
CIK 0000899715other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 6:32 PM ET
Size
6.6 KB
Accession
0000899715-25-000046
Insider Transaction Report
Form 4
TANGER INC.SKT
TANGER STEVEN B
DirectorPresident, CEO
Transactions
- Award
Limited Partnership Units exchangeable for Common Stock
2025-02-20+5,060→ 5,060 total→ Common Stock (5,060 underlying)
Footnotes (4)
- [F1]Reflects an award of Basic LTIP Units of Tanger Properties Limited Partnership, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the Basic LTIP Units for federal income tax purposes, into non-voting Class C Common Units. Class C Common Units may be exchanged by the reporting person for Tanger Inc. common shares on a one-for-one basis. Basic LTIP Units are intended to qualify as profits interests for US federal income tax purposes.
- [F2]Reflects an award of Basic LTIP Units, issued in lieu of an award of restricted common shares. These Basic LTIP Units are scheduled to vest on February 15, 2026 (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).
- [F3]Includes 5,060 Basic LTIP Units subject to time-based vesting.
- [F4]Does not include 2,879,797 Limited Partnership Units held by Tango 7 LLC that are exchangeable into shares of Tanger Inc. and considered indirectly beneficially owned by the Reporting Person.
Documents
Issuer
TANGER INC.
CIK 0000899715
Entity typeother
Related Parties
1- filerCIK 0001216940
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 6:32 PM ET
- Size
- 6.6 KB