AFLAC INC — Director's Dealing 2012

Feb 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2012-02-14

Reporting Person: LOUDERMILK JOEY M (Exec VP & Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-14	Common Stock	A	14197	—	Acquired	184234	Direct
2012-02-14	Common Stock	F	5032	$48.56	Disposed	179202	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-14	Employee Stock Option (right to buy)	$48.56	A	10800	Acquired	2022-02-14	Common Stock (10800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26676	Indirect
Common Stock	8011	Indirect

Footnotes

F1: Granted under the 2004 Aflac Incorporated Long-Term Incentive Plan.