SKT

SEC source: 0000899715-24-000017 · wk-form4_1708467969.xml · nonDerivative · entry 2

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 57,675

F2 · kind: This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.

SEC source: 0000899715-24-000017 · wk-form4_1708467969.xml · nonDerivative · entry 1

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,092

F1 · shares: Represents a grant of restricted common shares under Tanger Inc.'s Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on February 15th of each of the first three calendar years following the grant (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).

SEC source: 0000899715-24-000013 · wk-form4_1708467610.xml · nonDerivative · entry 2

Stein Justin C · CIK 0001913505 · EVP, Leasing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,730

F2 · kind: This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.

SEC source: 0000899715-24-000013 · wk-form4_1708467610.xml · nonDerivative · entry 1

Stein Justin C · CIK 0001913505 · EVP, Leasing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,341

F1 · shares: Represents a grant of restricted common shares under Tanger Inc.'s Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on February 15th of each of the first three calendar years following the grant (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).

SEC source: 0000899715-24-000011 · wk-form4_1708467349.xml · nonDerivative · entry 2

Yalof Stephen · CIK 0001809284 · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 621,341

F2 · kind: This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.

SEC source: 0000899715-24-000011 · wk-form4_1708467349.xml · nonDerivative · entry 1

Yalof Stephen · CIK 0001809284 · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 684,339

F1 · shares: Represents a grant of restricted common shares under Tanger Inc.'s Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on February 15th of each of the first three calendar years following the grant (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).

SEC source: 0000899715-24-000006 · wk-form4_1704318822.xml · nonDerivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 819,488

F1 · date: The Reporting Person's employment as Executive Chair ended 1/1/24, after which time he transitioned to the role Non-Executive Chair.

F2 · kind: This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.

F3 · balance_after: 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.

SEC source: 0000899715-23-000184 · wk-form4_1703193378.xml · nonDerivative · entry 1

Wingrove Andrew R · CIK 0001896294 · EVP, Chief Commercial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 87,321

F1 · kind: This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.

SEC source: 0000899715-23-000174 · wk-form4_1701810473.xml · nonDerivative · entry 2

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 901,983

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on August 21, 2023. Sales reported in this Form 4 concludes the above referenced trading plan for the Reporting Person.

F3 · price: Represents the weighted average sales price of multiple transactions ranging from $26.00 to $26.50.

F2 · balance_after: 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.

SEC source: 0000899715-23-000174 · wk-form4_1701810473.xml · nonDerivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,051,983

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on August 21, 2023. Sales reported in this Form 4 concludes the above referenced trading plan for the Reporting Person.

F2 · balance_after: 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.

SEC source: 0000899715-23-000172 · wk-form4_1701292298.xml · nonDerivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,062,771

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on August 21, 2023.

F2 · price: Represents the weighted average sales price of multiple transactions ranging from $25.50 to $25.52.

F3 · balance_after: 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.

SEC source: 0000899715-23-000170 · wk-form4_1700859638.xml · nonDerivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,126,983

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on August 21, 2023.

F2 · price: Represents the weighted average sales price of multiple transactions ranging from $25.00 to $25.25.

F3 · balance_after: 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.

SEC source: 0000899715-23-000163 · wk-form4_1700083092.xml · nonDerivative · entry 1

CITRIN JEFFREY B · CIK 0001019975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 138,469.01

F1 · shares: 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 become payable in common shares on January 15, 2024.

F2 · balance_after: Since the Reporting Person's last Form 4, 1,372.53 deferred share units were acquired through a dividend reinvestment program.

SEC source: 0000899715-23-000167 · wk-form4_1700257152.xml · derivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: No plan indicated

Ownership: Indirect · By Tango 7 LLC

Disclosed balance after: 2,879,797

Underlying: Common Stock · 29,024 shares

Expires not disclosed

F1 · security: Each limited partnership unit is immediately exchangeable into one common share of Tanger Inc.

F1 · derivative.exercise_date: Each limited partnership unit is immediately exchangeable into one common share of Tanger Inc.

F2 · derivative.expiration_date: The limited partnership units have no expiration date.

SEC source: 0000899715-23-000160 · wk-form4_1699478314.xml · nonDerivative · entry 1

Stein Justin C · CIK 0001913505 · EVP, Leasing

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,885

F1 · kind: This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.

SEC source: 0000899715-23-000142 · wk-form4_1696452556.xml · derivative · entry 3

Norman Jessica K · CIK 0001776899 · EVP, General Counsel,Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,574

Underlying: Common Stock · 10,574 shares

Expires not disclosed

F3 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · security: With respect to 33% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals, 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.7% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pr-rata basis by linear interpolation between share price appreciation thresholds.

F3 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.exercise_price: With respect to 33% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals, 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.7% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pr-rata basis by linear interpolation between share price appreciation thresholds.

F5 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F3 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F5 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000142 · wk-form4_1696452556.xml · nonDerivative · entry 2

Norman Jessica K · CIK 0001776899 · EVP, General Counsel,Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,468

F2 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each October 2nd over a three-year period beginning October 2, 2024.

SEC source: 0000899715-23-000142 · wk-form4_1696452556.xml · nonDerivative · entry 1

Norman Jessica K · CIK 0001776899 · EVP, General Counsel,Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,700

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on 50% of the award on October 2, 2025, 25% of the award on October 2, 2026 and 25% of the award on October 2, 2027.

SEC source: 0000899715-23-000133 · wk-form4_1692217198.xml · nonDerivative · entry 1

CITRIN JEFFREY B · CIK 0001019975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 136,507.78

F1 · shares: 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 become payable in common shares on January 15, 2024.

F2 · balance_after: Since the Reporting Person's last Form 4, 1,303.16 deferred share units were acquired through a dividend reinvestment program.

SEC source: 0000899715-23-000117 · wk-form4_1686776765.xml · nonDerivative · entry 2

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,201,983

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 9, 2023.

F3 · balance_after: Number of shares of common stock beneficially owned following reported transactions does not include 2,908,821 Limited Partnership Units that are exchangeable into shares of Tanger Factory Outlet Centers, Inc. held by Tango 7 LLC and considered indirectly beneficially owned by the Reporting Person.

SEC source: 0000899715-23-000117 · wk-form4_1686776765.xml · nonDerivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 1,281,919

F1 · shares: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted on March 9, 2023.

F2 · price: Represents the weighted average sales price of multiple transactions ranging from $21.54 to $21.94.

F3 · balance_after: Number of shares of common stock beneficially owned following reported transactions does not include 2,908,821 Limited Partnership Units that are exchangeable into shares of Tanger Factory Outlet Centers, Inc. held by Tango 7 LLC and considered indirectly beneficially owned by the Reporting Person.

SEC source: 0000899715-23-000114 · wk-form4_1686083319.xml · nonDerivative · entry 1

SKERRITT SUSAN E · CIK 0001748654 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 52,620.77

F1 · balance_after: Since the Reporting Person's last Form 4, 464.84 deferred share units were acquired through a dividend reinvestment program.

SEC source: 0000899715-23-000111 · wf-form4_168452912104651.xml · nonDerivative · entry 1

REDDIN THOMAS · CIK 0001107092 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 45,067

SEC source: 0000899715-23-000101 · wf-form4_168426810193384.xml · nonDerivative · entry 1

CITRIN JEFFREY B · CIK 0001019975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 134,602.94

F1 · shares: 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 become payable in common shares on January 15, 2024.

F2 · balance_after: Since the Reporting Person's last Form 4, 1,674.60 deferred share units were acquired through a dividend reinvestment program.

SEC source: 0000899715-23-000083 · wf-form4_168124752941637.xml · nonDerivative · entry 1

Yalof Stephen · CIK 0001809284 · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 628,327

SEC source: 0000899715-23-000072 · wf-form4_167900364185082.xml · derivative · entry 2

Bilerman Michael J · CIK 0001955178 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,504

Underlying: Common Stock · 74,504 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000072 · wf-form4_167900364185082.xml · nonDerivative · entry 1

Bilerman Michael J · CIK 0001955178 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 163,294

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each March 15th over a three year period beginning March 15th, 2024.

SEC source: 0000899715-23-000071 · wf-form4_167900362356790.xml · derivative · entry 2

Yalof Stephen · CIK 0001809284 · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 173,842

Underlying: Common Stock · 173,842 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000071 · wf-form4_167900362356790.xml · nonDerivative · entry 1

Yalof Stephen · CIK 0001809284 · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 689,959

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each March 15th over a three year period beginning March 15th, 2024.

SEC source: 0000899715-23-000070 · wf-form4_167900360761669.xml · nonDerivative · entry 1

CITRIN JEFFREY B · CIK 0001019975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,140.52

F1 · shares: 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 March 15, 2024, and become payable in common shares on the same date.

SEC source: 0000899715-23-000069 · wf-form4_167900358960902.xml · nonDerivative · entry 1

RYAN BERMAN BRIDGET · CIK 0001366740 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 101,639

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on March 15, 2024.

SEC source: 0000899715-23-000067 · wf-form4_167900355436429.xml · derivative · entry 2

Swanson Gallardo Leslie · CIK 0001826424 · EVP, Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,669

Underlying: Common Stock · 49,669 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000067 · wf-form4_167900355436429.xml · nonDerivative · entry 1

Swanson Gallardo Leslie · CIK 0001826424 · EVP, Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,404

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each March 15th over a three year period beginning March 15th, 2024.

SEC source: 0000899715-23-000068 · wf-form4_167900357549336.xml · nonDerivative · entry 1

SKERRITT SUSAN E · CIK 0001748654 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,465.93

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on March 15, 2024.

F2 · balance_after: Since the Reporting Person's last Form 4, 1,611.89 deferred share units were acquired through a dividend reinvestment program.

SEC source: 0000899715-23-000066 · wf-form4_167900354035087.xml · derivative · entry 2

Stein Justin C · CIK 0001913505 · EVP, Leasing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,835

Underlying: Common Stock · 24,835 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000066 · wf-form4_167900354035087.xml · nonDerivative · entry 1

Stein Justin C · CIK 0001913505 · EVP, Leasing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,236

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each March 15th over a three year period beginning March 15th, 2024.

SEC source: 0000899715-23-000065 · wf-form4_167900351738859.xml · nonDerivative · entry 1

HENRY DAVID · CIK 0001250823 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,043

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on March 15, 2024.

SEC source: 0000899715-23-000064 · wf-form4_167900350353537.xml · derivative · entry 2

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,313

Underlying: Common Stock · 9,313 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000064 · wf-form4_167900350353537.xml · nonDerivative · entry 1

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,957

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each March 15th over a three year period beginning March 15th, 2024.

SEC source: 0000899715-23-000063 · wf-form4_167900348913671.xml · nonDerivative · entry 1

REDDIN THOMAS · CIK 0001107092 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,067

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on March 15, 2024.

SEC source: 0000899715-23-000062 · wf-form4_167900347326920.xml · derivative · entry 2

Wingrove Andrew R · CIK 0001896294 · EVP, Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,802

Underlying: Common Stock · 29,802 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 are subject to a time based vesting schedule. 50% of the shares will vest on March 20, 2026 and the remaining 50% will vest on March 15, 2027, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000062 · wf-form4_167900347326920.xml · nonDerivative · entry 1

Wingrove Andrew R · CIK 0001896294 · EVP, Chief Commercial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 97,706

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on one-third of the award on each March 15th over a three year period beginning March 15th, 2024.

SEC source: 0000899715-23-000061 · wf-form4_167900345822994.xml · nonDerivative · entry 1

Ubinas Luis A · CIK 0001505343 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,188.03

F1 · shares: 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 March 15, 2024, and become payable in common shares upon termination of his service as a director.

F2 · balance_after: Since the Reporting Person's last Form 4, 1,640.90 deferred share units were acquired through a dividend reinvestment program

SEC source: 0000899715-23-000060 · wf-form4_167900344369215.xml · derivative · entry 3

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,669

Underlying: Common Stock · 49,669 shares

Expires not disclosed

F2 · security: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends(TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends(TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award will be earned if the Company's aggregate TSR equals 26.0% over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's aggregate TSR equals 33.1%, and 100% of this portion of the award will be earned if the Company's aggregate TSR equals or exceeds 40.5%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award will be earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award will be earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award will be earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares will convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_date: Any restricted common shares earned on March 13, 2026 will vest on March 20, 2026.

F2 · derivative.expiration_date: Represents a grant of performance shares which may convert into an equivalent number of restricted common shares of the Company based on the Company's share price appreciation inclusive of all dividends(TSR), and its TSR relative to a selected group, over the three-year measurement period from March 14, 2023 through March 13, 2026.

F4 · derivative.expiration_date: Any restricted common shares earned on March 13, 2026 will vest on March 20, 2026.

SEC source: 0000899715-23-000060 · wf-form4_167900344369215.xml · nonDerivative · entry 1

TANGER STEVEN B · CIK 0001216940 · Director · Executive Chair of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,501,983

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on January 1, 2024.

SEC source: 0000899715-23-000059 · wf-form4_167900342676951.xml · nonDerivative · entry 1

MATHRANI SANDEEP · CIK 0001246485 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,341

F1 · shares: Represents a grant of restricted common shares under the Company's Amended and Restated Incentive Award Plan. The restricted common shares vest and the restrictions cease to apply on March 15, 2024.

SEC source: 0000899715-23-000031 · wf-form4_167667469027275.xml · derivative · entry 3

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 14,118 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · security: Represents notional units, each of which converted into an equivalent number of restricted common shares based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to its peer group, over the three-year measurement period from February 11, 2020 through February 10, 2023, as certified by the Compensation Committee on February 14, 2023.

F3 · security: With respect to 33.30% of the performance shares, 20% of this portion of the award was earned if the Company's aggregate TSR equals 36.8% over the 3-year measurement period, 60% of this portion of the award was earned if the Company's aggregate TSR equals 44.3%, and 100% of this portion of the award was earned if the Company's aggregate TSR equals or exceeds 52.1%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award was earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award was earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award was earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares converted on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · security: 100% of the absolute and relative portions were actually earned. The notional units convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_price: Represents notional units, each of which converted into an equivalent number of restricted common shares based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to its peer group, over the three-year measurement period from February 11, 2020 through February 10, 2023, as certified by the Compensation Committee on February 14, 2023.

F3 · derivative.exercise_price: With respect to 33.30% of the performance shares, 20% of this portion of the award was earned if the Company's aggregate TSR equals 36.8% over the 3-year measurement period, 60% of this portion of the award was earned if the Company's aggregate TSR equals 44.3%, and 100% of this portion of the award was earned if the Company's aggregate TSR equals or exceeds 52.1%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award was earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award was earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award was earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares converted on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.exercise_price: 100% of the absolute and relative portions were actually earned. The notional units convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · price: Represents notional units, each of which converted into an equivalent number of restricted common shares based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to its peer group, over the three-year measurement period from February 11, 2020 through February 10, 2023, as certified by the Compensation Committee on February 14, 2023.

F3 · price: With respect to 33.30% of the performance shares, 20% of this portion of the award was earned if the Company's aggregate TSR equals 36.8% over the 3-year measurement period, 60% of this portion of the award was earned if the Company's aggregate TSR equals 44.3%, and 100% of this portion of the award was earned if the Company's aggregate TSR equals or exceeds 52.1%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award was earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award was earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award was earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares converted on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · price: 100% of the absolute and relative portions were actually earned. The notional units convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.exercise_date: Represents notional units, each of which converted into an equivalent number of restricted common shares based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to its peer group, over the three-year measurement period from February 11, 2020 through February 10, 2023, as certified by the Compensation Committee on February 14, 2023.

F2 · derivative.expiration_date: Represents notional units, each of which converted into an equivalent number of restricted common shares based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to its peer group, over the three-year measurement period from February 11, 2020 through February 10, 2023, as certified by the Compensation Committee on February 14, 2023.

F3 · derivative.expiration_date: With respect to 33.30% of the performance shares, 20% of this portion of the award was earned if the Company's aggregate TSR equals 36.8% over the 3-year measurement period, 60% of this portion of the award was earned if the Company's aggregate TSR equals 44.3%, and 100% of this portion of the award was earned if the Company's aggregate TSR equals or exceeds 52.1%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award was earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award was earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award was earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares converted on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.expiration_date: 100% of the absolute and relative portions were actually earned. The notional units convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F2 · derivative.underlying_shares: Represents notional units, each of which converted into an equivalent number of restricted common shares based on the Company's share price appreciation inclusive of all dividends (TSR), and its TSR relative to its peer group, over the three-year measurement period from February 11, 2020 through February 10, 2023, as certified by the Compensation Committee on February 14, 2023.

F3 · derivative.underlying_shares: With respect to 33.30% of the performance shares, 20% of this portion of the award was earned if the Company's aggregate TSR equals 36.8% over the 3-year measurement period, 60% of this portion of the award was earned if the Company's aggregate TSR equals 44.3%, and 100% of this portion of the award was earned if the Company's aggregate TSR equals or exceeds 52.1%. With respect to the other 66.70% of the performance shares, 20% of this portion of the award was earned if the Company's TSR is in the 30th percentile of its peer group over the 3-year measurement period, 60% of this portion of the award was earned if the Company's TSR is in the 55th percentile of its peer group during this period, and 100% of this portion of the award was earned if the Company's TSR is in the 80th percentile of its peer group or greater during this period. The performance shares converted on a pro-rata basis by linear interpolation between share price appreciation thresholds.

F4 · derivative.underlying_shares: 100% of the absolute and relative portions were actually earned. The notional units convert on a pro-rata basis by linear interpolation between share price appreciation thresholds.

SEC source: 0000899715-23-000031 · wf-form4_167667469027275.xml · nonDerivative · entry 2

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,113

SEC source: 0000899715-23-000031 · wf-form4_167667469027275.xml · nonDerivative · entry 1

Guerrieri Thomas Joseph JR · CIK 0001705861 · SVP, CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,012

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents restricted common shares received from the conversion of notional units. Based on the share price targets achieved, each notional unit was converted into one restricted common share. 50% of the shares vested on February 15, 2023 and the remaining 50% will vest on February 15, 2024, contingent upon continued employment with the Company through the vesting dates.

SEC source: 0000899715-23-000032 · wf-form4_167667471018987.xml · nonDerivative · entry 1

CITRIN JEFFREY B · CIK 0001019975 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,727.52

F1 · shares: 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 become payable in common shares on January 15, 2024.

F2 · balance_after: Since the Reporting Person's last Form 4, 1,387.92 deferred share units were acquired through a dividend reinvestment program.