Sec Form 4 Filing - O BRYANT ALLAN @ AFLAC INC - 2005-05-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
O BRYANT ALLAN
2. Issuer Name and Ticker or Trading Symbol
AFLAC INC [ AFL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President Aflac Int'l Inc.
(Last) (First) (Middle)
AFLAC INC, 1932 WYNNTON RD
3. Date of Earliest Transaction (MM/DD/YY)
05/25/2005
(Street)
COLUMBUS, GA31999
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/25/2005 M 6,004 A $ 7.9167 53,322 D
Common Stock 05/25/2005 M 20,000 A $ 10.7344 73,322 D
Common Stock 05/25/2005 M 20,000 A $ 13.3125 93,322 D
Common Stock 05/25/2005 M 100,000 A $ 15.0469 193,322 D
Common Stock 05/25/2005 S 122,020 D $ 40.0781 71,302 D
Common Stock 9,000 I Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 7.9167 05/25/2005 M 6,004 02/13/1996 02/13/2006 Common Stock 6,004 $ 7.9167 0 D
Employee Stock Option (right to buy) $ 10.7344 05/25/2005 M 20,000 11/12/1996 11/12/2006 Common Stock 20,000 $ 10.7344 0 D
Employee Stock Option (right to buy) $ 13.3125 05/25/2005 M 20,000 08/12/1997 08/12/2007 Common Stock 20,000 $ 13.3125 0 D
Employee Stock Option (right to buy) $ 15.0469 05/25/2005 M 100,000 06/24/1998 06/24/2008 Common Stock 100,000 $ 15.0469 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
O BRYANT ALLAN
AFLAC INC
1932 WYNNTON RD
COLUMBUS, GA31999
President Aflac Int'l Inc.
Signatures
Patricia A. Bell as Power of Attorney 05/27/2005
Signature of Reporting Person Date
Explanation of Responses:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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