COLGATE PALMOLIVE CO — Director's Dealing 2009

May 19, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2009-05-15

Reporting Person: HENDRY ANDREW D (Sr VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-15	Common Stock	S	15000	$63.75	Disposed	172306	Direct
2009-05-15	Common Stock	M	15834	$48.0625	Acquired	188140	Direct
2009-05-15	Common Stock	F	13582	$63.49	Disposed	174558	Direct
2009-05-18	Common Stock	S	385	$63.8599	Disposed	174173	Direct
2009-05-18	Common Stock	S	5000	$63.8601	Disposed	169173	Direct
2009-05-19	Series B Convertible Preference Stock	I	969	$515.84	Disposed	2042	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-15	Stock Option (Right to Buy)	$48.0625	M	15834	Disposed	2010-09-14	Common Stock (15834)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	279	Indirect
Common Stock	3761	Indirect
Series B Convertible Preference Stock	52	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: Transfer out of Company stock fund in issuer 401(k) plan.