COLGATE PALMOLIVE CO — Director's Dealing 2009

Aug 13, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2009-08-11

Reporting Person: FILUSCH EDWARD J (Vice President and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-11	Common Stock	M	4034	$48.0625	Acquired	25632	Direct
2009-08-11	Common Stock	M	1824	$56.52	Acquired	27456	Direct
2009-08-11	Common Stock	M	11500	$54.40	Acquired	38956	Direct
2009-08-11	Common Stock	F	14721	$71.77	Disposed	24235	Direct
2009-08-12	Common Stock	S	450	$71.7699	Disposed	23785	Direct
2009-08-12	Common Stock	S	2187	$71.8396	Disposed	21598	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-11	Stock Option (Right to Buy)	$48.0625	M	4034	Disposed	2010-09-14	Common Stock (4034)	Direct
2009-08-11	Stock Option (Right to Buy)	$56.52	M	1824	Disposed	2010-09-14	Common Stock (1824)	Direct
2009-08-11	Stock Option (Right to Buy)	$54.40	M	11500	Disposed	2010-09-09	Common Stock (11500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	616	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: Weighted Average Price: High--$71.85, Low--$-71.83