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Grant Date
Option Vesting Schedule
02/14/12
02/12/13
09/30/13
02/11/14
100% vesting on the third anniversary of the option for Messrs. Paul S. Amos II and Tonoike
100% vesting on the third anniversary of the option for Messrs. Paul S. Amos II, Kirsch, and Tonoike
100% vesting on the third anniversary of the option for Mr. Paul S. Amos II
100% vesting on the
first
anniversary of the option for Mr. Cloninger
100% vesting on the third anniversary of the option for Messrs. Paul S. Amos II, Kirsch and Tonoike
Stock Award
Grant Date
Stock Award Vesting Schedule
02/14/12, 02/12/13,
and
08/13/13
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%.
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%.
2014 OPTION EXERCISES AND STOCK VESTED
Name
Value Realized
on Exercise
($)
Value Realized
on Vesting
($)
Daniel P. Amos
143,169
3,088,155
70,323
4,388,841
Kriss Cloninger III
80,000
1,126,300
35,019
2,185,557
Paul S. Amos II
44,518
982,867
13,823
862,720
Eric M. Kirsch
—
—
—
—
Tohru Tonoike
—
—
13,823
862,720
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 2014 for
each of the NEOs.
PENSION BENEFITS
The Company maintains tax-qualified, noncontributory
defined benefit pension plans that cover the NEOs
other than Mr. Tonoike, and it also maintains
nonqualified supplemental retirement plans covering the
NEOs other than Mr. Kirsch, as described below. Mr.
Tonoike participates in a deferred compensation plan
maintained in Japan specific to the terms of his
employment agreement. 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.
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