AFLAC INC — Director's Dealing 2018

May 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2018-05-07

Reporting Person: MOSKOWITZ JOSEPH L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-07	Common Stock	A	1739	$0.0	Acquired	18059	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-07	Director Stock Option	$44.59	A	22303	Acquired	2028-05-07	Common Stock (22303)	Direct

Footnotes

F1: On March 19, 2018, Aflac Incorporated effected a 2-for-1 stock split. The number of shares and share prices reported throughout this Form 4 have been adjusted to reflect the stock split.

F2: Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).