X0303 4 2009-02-17 0 0000899715 TANGER FACTORY OUTLET CENTERS INC SKT 0001218067 MARCHISELLO FRANK C JR 3200 NORTHLINE AVENUE, SUITE 360 GREENSBORO NC 27408 0 1 0 0 Executive Vice President Common Stock 2009-02-17 4 A 0 28000 0 A 112992 D Represents grant of restricted shares approved by the Share and Unit Option Committee of the Company's Board of Directors on February 17, 2009 under the Company's Amended and Restated Incentive Award Plan. The restricted shares vest and the restrictions cease to apply on twenty percent of the award on each February 28th over a five-year period beginning Februay 28, 2010. By: James F. Williams For: Frank C. Marchisello, Jr. 2009-02-19