0001127602-12-019091.txt : 20120604 0001127602-12-019091.hdr.sgml : 20120604 20120604190423 ACCESSION NUMBER: 0001127602-12-019091 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120521 FILED AS OF DATE: 20120604 DATE AS OF CHANGE: 20120604 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TANGER STEVEN B CENTRAL INDEX KEY: 0001216940 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11986 FILM NUMBER: 12887420 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TANGER FACTORY OUTLET CENTERS INC CENTRAL INDEX KEY: 0000899715 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 561815473 STATE OF INCORPORATION: NC FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 3200 NORTHLINE AVENUE SUITE 360 CITY: GREENSBORO STATE: NC ZIP: 27408 BUSINESS PHONE: 3362923010 MAIL ADDRESS: STREET 1: 3200 NORTHLINE AVENUE SUITE 360 CITY: GREENSBORO STATE: NC ZIP: 27408 4 1 form4.xml PRIMARY DOCUMENT X0305 4 2012-05-21 0000899715 TANGER FACTORY OUTLET CENTERS INC SKT 0001216940 TANGER STEVEN B 3200 NORTHLINE AVENUE, SUITE 360 GREENSBORO NC 27408 1 1 President and CEO Limited Partnership Units 0 2012-05-21 5 G 0 E 22481 0 A Common Stock 89924 22481 I By Trust Limited Partnership Units 0 2012-06-01 5 G 0 E 210000 0 D Common Stock 840000 0 D Limited Partnership Units 0 Common Stock 2817208 704302 I By Tango 7 LLC Each limited partnership unit is immediately exchangeable into 4 common shares of Tanger Factory Outlet Centers, Inc. The securities were acquired by the Tanger 2012 Hancock Insurance Trust, of which Mr. Tanger and his sister, Susan Nehmen, are co-trustees. The beneficiaries of the trust are the grandchildren of Stanley and Doris Tanger, Mr. Tanger's parents. As such, Mr. Tanger disclaims beneficial ownership of these securities. The limited partnership units have no expiration date. Mr. Tanger has transferred such units to a trust as part of his long-term tax and financial planning strategy, including diversification of assets. Mr. Tanger is the beneficiary of the trust, but is not the trustee and does not otherwise have or share investment or voting control with respect to such securities held by the trust. As such, Mr. Tanger is no longer considered the beneficial owner of such units. Additionally, the trustee has informed Mr. Tanger that the units will be exchanged into common shares by the trust, and that such common shares are likely to be sold in the public market following the exchange. Excludes 704,302 limited partnership units previously owned directly which were transferred to Tango 7, LLC on June 4, 2012. Mr. Tanger Tanger holds, directly or indirectly, all of the ownership interests in Tango 7 LLC and has sole investment and voting power with respect to these securities. /s/ James F. Williams, attorney-in-fact for Mr. Tanger 2012-06-04