AFLAC INC — Director's Dealing 2012

Dec 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2012-12-04

Reporting Person: TILLMAN AUDREY B (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-04	Common Stock	M	13482	$22.13	Acquired	33272	Direct
2012-12-04	Common Stock	M	2884	$47.25	Acquired	36156	Direct
2012-12-04	Common Stock	M	3333	$38.32	Acquired	39489	Direct
2012-12-04	Common Stock	M	2420	$38.75	Acquired	41909	Direct
2012-12-04	Common Stock	M	1846	$31.705	Acquired	43755	Direct
2012-12-04	Common Stock	M	2910	$47.84	Acquired	46665	Direct
2012-12-04	Common Stock	F	20757	$52.57	Disposed	25908	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-04	Employee Stock Option (right to buy)	$22.13	M	13482	Disposed	2019-02-10	Common Stock (13482)	Direct
2012-12-04	Employee Stock Option (right to buy)	$31.705	M	1846	Disposed	2013-08-12	Common Stock (1846)	Direct
2012-12-04	Employee Stock Option (right to buy)	$38.32	M	3333	Disposed	2014-08-10	Common Stock (3333)	Direct
2012-12-04	Employee Stock Option (right to buy)	$38.75	M	2420	Disposed	2015-02-08	Common Stock (2420)	Direct
2012-12-04	Employee Stock Option (right to buy)	$47.25	M	2884	Disposed	2016-02-14	Common Stock (2884)	Direct
2012-12-04	Employee Stock Option (right to buy)	$47.84	M	2910	Disposed	2017-02-13	Common Stock (2910)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4491	Indirect