AFLAC INC — Director's Dealing 2015

Feb 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2015-02-12

Reporting Person: WHITE TERESA L (President, Aflac U.S.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-12	Common Stock	M	4000.0	$47.06	Acquired	26098	Direct
2015-02-12	Common Stock	S	4000.0	$61.7906	Disposed	22098	Direct
2015-02-12	Common Stock	M	5876.0	$47.06	Acquired	27974	Direct
2015-02-12	Common Stock	S	5876.0	$61.8241	Disposed	22098	Direct
2015-02-12	Common Stock	S	3645.0	$61.5808	Disposed	18453	Direct
2015-02-12	Common Stock	S	419.0	$61.5601	Disposed	18034	Direct
2015-02-12	Common Stock	S	1135.0	$61.576	Disposed	16899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-12	Employee Stock Option (right to buy)	$47.06	M	4000.0	Disposed	2020-02-09	Common Stock (4000)	Direct
2015-02-12	Employee Stock Option (right to buy)	$47.06	M	5876.0	Disposed	2020-02-09	Common Stock (5876)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3546	Indirect

Footnotes

F1: These shares were acquired from dividend reinvestment during the period of December 01, 2011 through December 01, 2014.