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AFLAC INC Director's Dealing 2019

May 8, 2019

29976_dirs_2019-05-07_eec3dac1-1d76-408b-b828-bbbce481b64d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2019-05-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-06	Common Stock	M	3092	$29.605	Acquired	76378	Direct
2019-05-06	Common Stock	M	27556	$28.965	Acquired	103934	Direct
2019-05-06	Common Stock	M	26476	$30.725	Acquired	130410	Direct
2019-05-06	Common Stock	S	57124	$50.3871	Disposed	73286	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-06	Employee Stock Option (right to buy)	$28.965	M	27556	Disposed	2026-02-09	Common Stock (27556)	Direct
2019-05-06	Employee Stock Option (right to buy)	$29.605	M	3092	Disposed	2024-11-12	Common Stock (3092)	Direct
2019-05-06	Employee Stock Option (right to buy)	$30.725	M	26476	Disposed	2025-02-10	Common Stock (26476)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7781	Indirect