COLGATE PALMOLIVE CO — Director's Dealing 2007

Nov 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-11-02

Reporting Person: TOBEN EDMUND D (Sr. VP Glob. I.T. & Bus. Serv.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-02	Common Stock	M	5200	$55.6563	Acquired	49099	Direct
2007-11-02	Common Stock	M	25000	$55.11	Acquired	74099	Direct
2007-11-02	Common Stock	M	23400	$56.565	Acquired	97499	Direct
2007-11-02	Common Stock	M	24000	$54.40	Acquired	121499	Direct
2007-11-02	Common Stock	M	16000	$53.455	Acquired	137499	Direct
2007-11-02	Common Stock	M	8333	$60.68	Acquired	145832	Direct
2007-11-02	Common Stock	F	84574	$74.72	Disposed	61258	Direct
2007-11-05	Common Stock	S	2622	$75.025	Disposed	58636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-02	Stock Option (Right to Buy)	$55.6563	M	5200	Disposed	2009-09-09	Common Stock (5200)	Direct
2007-11-02	Stock Option (Right to Buy)	$55.11	M	25000	Disposed	2012-09-12	Common Stock (25000)	Direct
2007-11-02	Stock Option (Right to Buy)	$56.565	M	23400	Disposed	2009-09-11	Common Stock (23400)	Direct
2007-11-02	Stock Option (Right to Buy)	$54.40	M	24000	Disposed	2010-09-09	Common Stock (24000)	Direct
2007-11-02	Stock Option (Right to Buy)	$53.455	M	16000	Disposed	2011-09-08	Common Stock (16000)	Direct
2007-11-02	Stock Option (Right to Buy)	$60.68	M	8333	Disposed	2012-09-07	Common Stock (8333)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1578	Indirect
Common Stock	2387	Indirect

Footnotes

F1: Exercise of stock options awarded under the issuer's employee stock option plan.

F2: The exercise price of the options and related withholding requirement was satisfied by the Company's withholding shares otherwise deliverable upon exercise of the options.

F3: Sale of shares (with proceeds delivered to the Company) for payment of tax liability above minimum required statutory withholding (but not in excess of full applicable statutory tax rates) incident to the exercise of the option under the issuer's employee stock option plan.

F4: As a result of the reported transactions, the reporting person's Common Stock ownership has increased by 14,737 shares.

F5: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F6: Option became 100% exercisable on the date shown in this column.

F7: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.