4//SEC Filing
TANGER STANLEY K 4
Accession 0001127602-09-019186
CIK 0000899715other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 4:41 PM ET
Size
9.2 KB
Accession
0001127602-09-019186
Insider Transaction Report
Form 4
TANGER STANLEY K
DirectorChairman10% Owner
Transactions
- Exercise/Conversion
Common Stock
2009-09-17$19.41/sh+20,000$388,300→ 446,264 total - Exercise/Conversion
Limited Partnership Unit Option (Right to Buy)
2009-09-17−20,000→ 0 totalExercise: $19.41From: 2005-04-27Exp: 2014-04-27→ Common Stock (20,000 underlying)
Holdings
- 278,062(indirect: By Partnership)
Common Stock
- 2,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [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.
- [F3]Includes 278,062 shares of Common Stock owned by the Tanger Family Limited Partnership, of which Mr. Tanger is the general partner.
Documents
Issuer
TANGER FACTORY OUTLET CENTERS INC
CIK 0000899715
Entity typeother
Related Parties
1- filerCIK 0000939152
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 4:41 PM ET
- Size
- 9.2 KB