X0303 4 2011-02-22 0000899715 TANGER FACTORY OUTLET CENTERS INC SKT 0001107092 REDDIN THOMAS 2527 LEMON TREE LANE CHARLOTTE NC 28211 1 Common Stock 2011-02-22 4 A 0 5000 0 A 5000 D Common Stock 2144 D Represents grant of restricted shares approved by the Company's Board of Directors on February 22, 2011 under the Company's Amended and Restated Incentive Award Plan. The restricted shares vest evenly over a three year period on December 31st of each year. /s/ Thomas J. Guerrieri, attorney-in-fact for Mr. Reddin 2011-02-23