BENTON WILLIAM G 4
4 · TANGER FACTORY OUTLET CENTERS INC · Filed May 29, 2012
Insider Transaction Report
Form 4
BENTON WILLIAM G
Director
Transactions
- Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2012-05-25−10,000→ 0 totalExercise: $9.69From: 2005-04-26Exp: 2014-04-26→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2012-05-25$9.69/sh+10,000$96,900→ 71,993 total - Sale
Common Stock
2012-05-25$31.14/sh−10,000$311,360→ 61,993 total
Holdings
- 2,188(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Stock option granted pursuant to the Tanger Factory Outlet Centers, Inc Stock Option Plan.
- [F2]The option becomes exercisable in five equal annual installments, commencing one year from the date of grant.
- [F3]Represents the weighted average sales price of multiple transactions ranging from $31.111 to $31.18.