Luis A. Ubinas - Feb 23, 2022 Form 4 Insider Report for TANGER FACTORY OUTLET CENTERS, INC (SKT)

Role: Director
Signature: /s/ Eric Richardson, attorney-in-fact for Mr. Ubinas.
Stock symbol: SKT
Transactions as of: Feb 23, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/25/2022, 03:32 PM
Previous filing: Feb 2, 2022
Next filing: Mar 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKT	Common Stock	Award	$0	+9.93K	+39.39%	$0.00	35.1K	Feb 23, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents deferred share units issued pursuant to the Director Deferred Share Program of Tanger Factory Outlet Centers, Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share units vest and the restrictions cease to apply on one-third of the award on each January 4th over a three year period, beginning on January 4, 2023, and become payable in common shares upon termination of his service as Director.
F2	Since the Reporting Person's last Form 4, 1,019.03 deferred share units were acquired through a dividend reinvestment program.

Content

Represents deferred share units issued pursuant to the Director Deferred Share Program of Tanger Factory Outlet Centers, Inc. and Tanger Properties Limited Partnership. Each deferred share unit is equivalent to one common share. The deferred share units vest and the restrictions cease to apply on one-third of the award on each January 4th over a three year period, beginning on January 4, 2023, and become payable in common shares upon termination of his service as Director.

Since the Reporting Person's last Form 4, 1,019.03 deferred share units were acquired through a dividend reinvestment program.