AFLAC INC — Director's Dealing 2010

Oct 28, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2010-09-03

Reporting Person: AMOS DANIEL P (Director, Chairman of the Board/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-03	Common Stock	G	36000	—	Disposed	350253	Direct
2010-10-27	Common Stock	M	208798	$25.125	Acquired	559051	Direct
2010-10-27	Common Stock	M	143585	$30.575	Acquired	702636	Direct
2010-10-27	Common Stock	F	142174	$56.39	Disposed	560462	Direct
2010-10-27	Common Stock	F	105756	$56.39	Disposed	454706	Direct
2010-10-27	Common Stock	G	97900	—	Disposed	356806	Direct
2010-10-27	Common Stock	M	50000	$25.495	Acquired	78841	Indirect
2010-10-27	Common Stock	F	34353	$56.39	Disposed	44488	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-27	Employee Stock Option (right to buy)	$25.125	M	208798	Disposed	2012-02-12	Common Stock (208798)	Direct
2010-10-27	Employee Stock Option (right to buy)	$30.575	M	143585	Disposed	2012-08-13	Common Stock (143585)	Direct
2010-10-27	Employee Stock Option (right to buy)	$25.495	M	50000	Disposed	2011-12-10	Common Stock (50000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	51135	Indirect
Common Stock	3206553	Indirect
Common Stock	25877	Indirect
Common Stock	1720	Indirect
Common Stock	668454	Indirect
Common Stock	11021	Indirect