AFLAC INC — Director's Dealing 2012

Sep 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2012-08-02

Reporting Person: CLONINGER KRISS III (Director, Pres. Aflac Incorporated/CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-02	Common Stock	G	9000	—	Disposed	230330	Direct
2012-09-20	Common Stock	M	80000	$38.75	Acquired	310330	Direct
2012-09-20	Common Stock	F	70631	$48.65	Disposed	239699	Direct
2012-09-20	Common Stock	M	100000	$38.32	Acquired	339699	Direct
2012-09-20	Common Stock	F	87546	$48.65	Disposed	252153	Direct
2012-09-24	Common Stock	S	10000	$48.25	Disposed	10000	Indirect
2012-08-07	Common Stock	G	7500	—	Disposed	19000	Indirect
2012-09-21	Common Stock	S	9000	$48.4099	Disposed	10000	Indirect
2012-09-21	Common Stock	S	15000	$48.4099	Disposed	12651	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-20	Employee Stock Option (right to buy)	$38.32	M	100000	Disposed	2014-08-10	Common Stock (100000)	Direct
2012-09-20	Employee Stock Option (right to buy)	$38.75	M	80000	Disposed	2015-02-08	Common Stock (80000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8826	Indirect
Common Stock	30116	Indirect
Common Stock	52	Indirect