AFLAC INC — Director's Dealing 2010

Feb 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2010-02-11

Reporting Person: SCHUSTER MARVIN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-11	Common Stock	M	20000	$24.3907	Acquired	65316	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-11	Employee Stock Option (right to buy)	$24.3907	M	20000	Disposed	2010-05-01	Common Stock (20000)	Direct

Footnotes

F1: The option will vest 2000 shares on 05/01/00, 2000 shares on 05/01/01, 2000 shares on 05/01/02, 2000 shares on 05/01/03, and 2000 shares on 05/01/04.