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COLGATE PALMOLIVE CO Director's Dealing 2008

Jan 17, 2008

29956_dirs_2008-01-17_1defb67c-411d-44b5-a8ff-15b93d768913.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: 2008-01-15

Reporting Person: MARK REUBEN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-01-15 Common Stock F 78000 $78.64 Disposed 6547577 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 300000 Indirect
Common Stock 385518 Indirect

Footnotes

F1: Payment of tax liability by withholding shares of stock from restricted share units vesting under the issuer's Executive Incentive Compensation Plan. Total non-restricted holdings (i.e., common stock held outright) of Mr. Mark increased by 106,179 shares as a result of this transaction.

F2: Mr. Mark holds these shares through an LLC of which he is the sole member.

F3: These shares are held by a family limited liability company owned by Mr. Mark's spouse and several trusts for the benefit of his children and grandchildren. Mr. Mark disclaims beneficial ownership in the shares held by this LLC to the extent he has no pecuniary interest therein.