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COLGATE PALMOLIVE CO Director's Dealing 2007

Aug 10, 2007

29956_dirs_2007-08-10_d1d7d5b5-c965-4cf1-80c2-53af955d5b20.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2007-08-08

Reporting Person: WHEELER ROBERT C (CEO, Hill's Pet Nutrition)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-08-08 Common Stock M 7841 $58.65 Acquired 228451 Direct
2007-08-08 Common Stock F 350 $68.36 Disposed 228101 Direct
2007-08-08 Common Stock F 6728 $68.36 Disposed 221373 Direct
2007-08-08 Common Stock M 7782 $58.83 Acquired 229155 Direct
2007-08-08 Common Stock F 341 $68.36 Disposed 228814 Direct
2007-08-08 Common Stock F 6697 $68.36 Disposed 222117 Direct
2007-08-08 Common Stock M 7614 $58.83 Acquired 229731 Direct
2007-08-08 Common Stock F 333 $68.36 Disposed 229398 Direct
2007-08-08 Common Stock F 6552 $68.36 Disposed 222846 Direct
2007-08-09 Common Stock S 326 $67.2297 Disposed 222520 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-08-08 Stock Option (Right to Buy) $58.65 M 7841 Disposed 2007-09-11 Common Stock (7841) Direct
2007-08-08 Stock Option (Right to Buy) $58.83 M 7782 Disposed 2007-09-11 Common Stock (7782) Direct
2007-08-08 Stock Option (Right to Buy) $58.83 M 7614 Disposed 2007-09-11 Common Stock (7614) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 584 Indirect
Common Stock 124 Indirect

Footnotes

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

F2: Payment of tax liability by delivering or withholding shares of stock incident to the exercise of the option under the issuer's employee stock option plan.

F3: Payment of exercise price of stock option by delivering or withholding shares of stock incident to the exercise of the option under the issuer's employee stock option plan.

F4: 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..

F5: As a result of the reported transactions, the reporting person's Common Stock ownership has increased by 1,910 shares.