COLGATE PALMOLIVE CO — Director's Dealing 2009

Aug 7, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2009-08-05

Reporting Person: CONWAY JILL K (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-05	Common Stock	M	4000	$50.89	Acquired	5138	Indirect
2009-08-05	Common Stock	M	4000	$54.75	Acquired	9138	Indirect
2009-08-05	Common Stock	M	4000	$59.75	Acquired	13138	Indirect
2009-08-05	Common Stock	M	4000	$55.725	Acquired	17138	Indirect
2009-08-05	Common Stock	F	12353	$71.60	Disposed	4785	Indirect
2009-08-06	Common Stock	S	1900	$71.44	Disposed	2885	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-05	Stock Option (RIght to Buy)	$54.75	M	4000	Disposed	2010-02-17	Common Stock (4000)	Direct
2009-08-05	Stock Option (RIght to Buy)	$59.75	M	4000	Disposed	2011-02-20	Common Stock (4000)	Direct
2009-08-05	Stock Option (RIght to Buy)	$55.725	M	4000	Disposed	2012-02-19	Common Stock (4000)	Direct
2009-08-05	Stock Option (RIght to Buy)	$50.89	M	4000	Disposed	2013-02-18	Common Stock (4000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35806	Direct

Footnotes

F1: Exercise of stock options awarded under the issuer's Non-Employee Director Stock Option Plan.

F2: Payment of exercise price of stock option by withholding shares of stock incident to the exercise of the option under the issuer's Non-Employee Director Stock Option Plan.