COLGATE PALMOLIVE CO — Director's Dealing 2006

Sep 11, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2006-09-07

Reporting Person: PATRICK STEPHEN C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-07	Common Stock	A	3723	—	Acquired	185955	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-07	Stock Option (Right to Buy)	$60.68	A	67000	Acquired	2012-09-07	Common Stock (67000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2707	Indirect

Footnotes

F1: Annual restricted stock award granted under the issuer's Executive Incentive Compensation Plan.

F2: Annual Stock Option granted under the issuer's 2005 Employee Stock Option Plan.

F3: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.