COLGATE PALMOLIVE CO — Director's Dealing 2009

Aug 11, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2009-08-07

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
2009-08-07	Common Stock	M	10000	$54.705	Acquired	80995	Direct
2009-08-07	Common Stock	M	8000	$53.455	Acquired	88995	Direct
2009-08-07	Common Stock	M	8333	$60.68	Acquired	97328	Direct
2009-08-07	Common Stock	F	22926	$71.02	Disposed	74402	Direct
2009-08-10	Common Stock	S	549	$70.8897	Disposed	73853	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-07	Stock Option (Right to Buy)	$54.705	M	10000	Disposed	2012-03-14	Common Stock (10000)	Direct
2009-08-07	Stock Option (Right to Buy)	$53.455	M	8000	Disposed	2011-09-08	Common Stock (8000)	Direct
2009-08-07	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	1701	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: 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.