Steven B. Tanger - Jan 1, 2024 Form 4 Insider Report for TANGER INC. (SKT)

Role
Executive Chair of the Board, Director
Signature
/s/ Thomas J. Guerrieri Jr., attorney-in-fact for Mr. Tanger
Stock symbol
SKT
Transactions as of
Jan 1, 2024
Transactions value $
-$2,286,761
Form type
4
Date filed
1/3/2024, 04:53 PM
Previous filing
Dec 5, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKT Common Stock Tax liability -$2.29M -82.5K -9.15% $27.72 819K Jan 1, 2024 Direct F1, F2, F3
holding SKT Common Stock 5K Jan 1, 2024 By wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's employment as Executive Chair ended 1/1/24, after which time he transitioned to the role Non-Executive Chair.
F2 This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.
F3 Number of shares of common stock beneficially owned following reported transactions does not include 2,879,797 Limited Partnership Units that are exchangeable into shares of Tanger Inc. held by Tango 7 LLC and considered indirectly beneficially owned by the Reporting Person.