COLGATE PALMOLIVE CO — Director's Dealing 2009

May 15, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Wallace Noel R. (Pres.- Colgate U.S.)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	36550	Direct
Common Stock	2828	Indirect
Series B Convertible Preference Stock	1616	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series B Convertible Preference Stock Units	$0		Series B Convertible Preference Stock (16)		Direct
Stock Option (Right to Buy)	$55.6563	2009-09-09	Common Stock (534)		Direct
Stock Option (Right to Buy)	$64.75	2010-01-13	Common Stock (12000)		Direct
Stock Option (Right to Buy)	$48.625	2010-09-14	Common Stock (1400)		Direct
Stock Option (Right to Buy)	$58.455	2009-09-09	Common Stock (1019)		Direct
Stock Option (Right to Buy)	$56.675	2011-09-17	Common Stock (5500)		Direct
Stock Option (Right to Buy)	$55.11	2012-09-12	Common Stock (6000)		Direct
Stock Option (Right to Buy)	$54.93	2012-10-10	Common Stock (12000)		Direct
Stock Option (Right to Buy)	$58.885	2010-09-14	Common Stock (2470)		Direct
Stock Option (Right to Buy)	$58.885	2009-09-09	Common Stock (1511)		Direct
Stock Option (Right to Buy)	$56.565	2009-09-11	Common Stock (2100)		Direct
Stock Option (Right to Buy)	$54.40	2010-09-09	Common Stock (9900)		Direct
Stock Option (Right to Buy)	$53.455	2011-09-08	Common Stock (11000)		Direct
Stock Option (Right to Buy)	$60.68	2012-09-07	Common Stock (13000)		Direct
Stock Option (Right to Buy)	$68.15	2013-09-12	Common Stock (18000)		Direct
Stock Option (Right to Buy)	$79.52	2014-09-11	Common Stock (21000)		Direct

Footnotes

F1: The reported preference stock units were acquired under the issuer's Supplemental Savings & Investment Plan and will be settled upon the reporting person's retirement or other termination of service.

F2: Option became 100% exercisable on the date shown in this column.

F3: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.