UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Kuechenmeister, Joseph P.
3275 Fortson Road
Fortson, GA 31808
2. Issuer Name and Ticker or Trading Symbol
AFLAC INCORPORATED (AFL)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
02/02
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Sr. Vice-President
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
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Common Stock 02/13/02 M 10,000 A $7.9167 D Direct
Common Stock 02/14/02 F 3,442 D $26.1000 D Direct
Common Stock 02/14/02 M 3,442 A $4.7084 67,620 D Direct
Common Stock 15,438 I 401(K) Plan
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
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Employee Stock Option (right to$4.7084 02/14/02 M 17,900 06/28/93 06/28/03
buy) (1)
Employee Stock Option (right to$7.9167 02/13/02 M 10,000 02/13/96 02/13/06
buy)
Stock Units $0.0000 02/14/02 M 14,458 02/14/02
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
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Employee Stock Option (right to02/14/02 Common Stock (1) 17,900 0 D Direct
buy) (1)
Employee Stock Option (right to02/13/02 Common Stock 10,000 33,454 D Direct
buy)
Stock Units 02/14/02 Common Stock (1) 14,458 $4.7084 40,457 D Direct
Explanation of Responses:
(1)
Reporting party exercised employee stock options convertible into common stock. He deferred receipt of the common stock pursuant to
the issuer's Executive Deferred Compensation Plan (EDCP). The EDCP holds Stock Units on the reporting party's behalf representing
the value of the common stock.
SIGNATURE OF REPORTING PERSON
/S/ By: Patricia A. Bell
For: Joseph P. Kuechenmeister
DATE