AFLAC INC — Director's Dealing 2017

Mar 2, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2017-02-28

Reporting Person: JOHNSON DOUGLAS WAYNE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-28	Common Stock	M	4000	$52.59	Acquired	19287	Direct
2017-02-28	Common Stock	F	2908	$72.35	Disposed	16379	Direct
2017-03-01	Common Stock	S	1400	$73.04	Disposed	15069	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-28	Director Stock Option	$52.59	M	4000	Disposed	2017-08-14	Common Stock (4000)	Direct

Footnotes

F1: The option becomes exercisable in four equal annual installments on August 14, 2008; 2009, 2010 and 2011.