AFLAC INC — Director's Dealing 2016

Mar 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2016-03-14

Reporting Person: KNAPP CHARLES B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-14	Common Stock	M	4000.0	$43.07	Acquired	33448	Direct
2016-03-14	Common Stock	S	4000.0	$61.63	Disposed	29448	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-14	Director Stock Option	$43.07	M	4000.0	Disposed	2016-08-08	Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21000	Indirect

Footnotes

F1: The option vested in four equal installments on August 8, 2007, 2008, 2009 and 2010.