SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)
TANGER FACTORY OUTLET CENTERS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
875465 10 6
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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13G
CUSIP NO. 875465 10 6
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1. Name of Reporting Person:
Stanley K. Tanger
2. Check the Appropriate Box if a Member of a Group
(a) |_|
(b) |_|
3. SEC Use Only
4. Citizenship or Place of Organization:
United States Citizen
Number of Shares Beneficially Owned by Each Reporting Person with:
5. Sole Voting Power: 3,454,601
6. Shared Voting Power:
7. Sole Dispositive Power: 3,454,601
8. Shared Dispositive Power:
9. Aggregate Amount Beneficially Owned by Each Reporting
Person:
3,454,601
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares:
|_|
11. Percent of Class Represented by Amount in Row 9:
31.6%
12. Type of Reporting Person:
IN
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Item 1(a) Name of Issuer:
Tanger Factory Outlet Centers, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1400 West Northwood Street
Greensboro, North Carolina 27408
Item 2(a) Name of Person Filing:
Stanley K. Tanger
Item 2(b) Address of Principal Business Office:
Tanger Factory Outlet Centers, Inc.
1400 West Northwood Street
Greensboro, North Carolina 27408
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e) CUSIP Number:
875464 10 6
Item 3. Not applicable
Item 4. Ownership
(a) Amount Beneficially Owned: 3,454,601. Stanley K. Tanger is
the holder of record of 14,265 common shares of Tanger Factory
Outlet Centers, Inc. and 268,000 exercisable options to buy
Units of Tanger Properties Limited Partnership (which are
convertible into 268,000 common shares of Tanger Factory
Outlet Centers, Inc.). Tanger Family Limited Partnership is
the holder of record of 139,031 common shares of Tanger
Factory Outlet Centers, Inc. and 3,033,305 Units of Tanger
Properties Limited Partnership, the operating partnership of
Tanger Factory Outlet Centers, Inc. The 3,033,305 Units are
convertible into 3,033,305 common shares of Tanger Factory
Outlet Centers, Inc. Stanley K. Tanger is the sole general
partner of Tanger Family Limited Partnership and may be deemed
the beneficial owner of such partnership's holdings.
(b) Percent of Class: 31.6%
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 3,454,601
(ii) shared power to vote or to direct the vote:
(iii) sole power to dispose or to direct the
disposition of: 3,454,601
(iv) shared power to dispose or to direct the
disposition of:
Item 5. Ownership of Five Percent or Less of a Class
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company:
Not applicable
Item 8. Identification and Classification of Members of the Group
Not applicable
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
Not applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 10, 1999
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Date
/s/ Stanley K. Tanger
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Signature
Stanley K. Tanger
- --------------------------
Name
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