57 / 72
Grant Date
Option Vesting Schedule
02/12/13
100% vesting on the third anniversary of the option for Messrs. Paul S. Amos II and Kirsch
09/30/13
100% vesting on the third anniversary of the option for Mr. Paul S. Amos II
02/11/14
100% vesting on the third anniversary of the option for Messrs. Paul S. Amos II and Kirsch
02/10/15
100% vesting on the third anniversary of the option for Messrs. Paul S. Amos II and Kirsch
07/01/15
100% vesting on the third anniversary of the option for Mr. Crawford
Stock Award
Grant Date
Stock Award Vesting Schedule
02/12/13, 8/13/13,
2/10/15, and 7/1/15
Graded vesting on the third anniversary of the award based on the attainment of the cumulative target
performance goals for risk-based capital ratios of Aflac for three consecutive calendar years beginning
with the year of grant. Each year a credit can be earned with a minimum threshold of 50% and a
maximum of 150% as measured at each year-end. The final award will be the arithmetic average of the
credit earned each year, but with a maximum payout of 100%.
12/31/15
Graded vesting of the award based on the attainment of the cumulative target performance goals for risk-
based capital ratios of Aflac for three consecutive calendar years beginning with the year of grant. Each
year a credit can be earned with a minimum threshold of 50% and a maximum of 150% as measured at
each year-end. The final award will be the arithmetic average of the credit earned each year, but with a
maximum payout of 100%.
02/11/14
Graded vesting on the third anniversary of the award based on the attainment of the cumulative target
performance goals for risk-based capital ratios, SMR, and ROE of Aflac for three consecutive calendar
years beginning with the year of grant. Each year a credit can be earned with a minimum threshold of
50% and a maximum of 150% as measured at each year-end. The final award will be the arithmetic
average of the credit earned each year, but with a maximum payout of 100%.
2015 OPTION EXERCISES AND STOCK VESTED
PENSION BENEFITS
The Company maintains tax-qualified, noncontributory
defined benefit pension plans that cover the NEOs
other than Mr. Crawford, and it also maintains
nonqualified supplemental retirement plans covering the
NEOs other than Messrs. Crawford and Kirsch, as
described below. The Company does not credit extra
years of service under any of its retirement plans,
unless required by employment agreements upon
certain termination events, such as termination
following a change in control or termination without
cause. Messrs. Daniel P. Amos and Cloninger are
eligible to receive immediate retirement benefits. For
Mr. Daniel P. Amos, retirement benefits fall under the
provisions of the U.S. tax-qualified plan and the
Retirement Plan for Senior Officers, and for Messrs.
Cloninger and Paul S. Amos II, retirement benefits fall
under the U.S. tax-qualified plan and the Supplemental
Executive Retirement Plan. For Mr. Kirsch, retirement
benefits fall under the U.S. tax-qualified plan. Mr.
Crawford is not eligible to participate in the plans
because he joined the Company after the plans were
frozen.
Name
Value Realized
on Exercise
($)
Value Realized
on Vesting
($)
Daniel P. Amos
462,128
8,830,915
99,271
6,189,517
Frederick J. Crawford
—
—
—
—
Kriss Cloninger III
190,000
3,159,400
55,575
3,465,099
Paul S. Amos II
50,000
831,386
24,436
1,523,565
Eric M. Kirsch
65,627
1,078,228
—
—
Option Awards
Stock Awards
Number of Shares
Acquired on Exercise
(#)
Number of Shares
Acquired on Vesting
(#)
The following table provides information with respect to options exercised and stock awards vested during 2015 for
each of the NEOs.
50