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COLGATE PALMOLIVE CO Director's Dealing 2007

Feb 6, 2007

29956_dirs_2007-02-06_44840e46-57ff-44d6-9085-718844c68ac4.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: 2007-02-02

Reporting Person: TOBEN EDMUND D (Chief Information Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-02-02 Common Stock M 7878 $55.70 Acquired 43520 Direct
2007-02-02 Common Stock F 473 $67.74 Disposed 43074 Direct
2007-02-02 Common Stock F 6478 $67.74 Disposed 36569 Direct
2007-02-02 Common Stock M 4193 $52.785 Acquired 40762 Direct
2007-02-02 Common Stock F 312 $67.74 Disposed 40450 Direct
2007-02-02 Common Stock F 3268 $67.74 Disposed 37182 Direct
2007-02-02 Common Stock M 7563 $52.785 Acquired 44745 Direct
2007-02-02 Common Stock F 623 $67.74 Disposed 44122 Direct
2007-02-02 Common Stock F 5893 $67.74 Disposed 38229 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-02-02 Stock Option (Right to Buy) $55.70 M 7878 Disposed 2007-09-11 Common Stock (7878) Direct
2007-02-02 Stock Option (Right to Buy) $52.785 M 4193 Disposed 2008-03-05 Common Stock (4193) Direct
2007-02-02 Stock Option (RIght to Buy) $52.785 M 7563 Disposed 2008-09-10 Common Stock (7563) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1515 Indirect
Common Stock 2387 Indirect

Footnotes

F1: Exercise of 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: As a result of the reported transactions, the reporting person's Common Stock ownership has increased by 2587 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.