COLGATE PALMOLIVE CO — Director's Dealing 2009

Feb 5, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2009-02-03

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-03	Common Stock	M	3578	$55.6563	Acquired	154947	Direct
2009-02-03	Common Stock	M	38305	$55.94	Acquired	193252	Direct
2009-02-03	Common Stock	M	42750	$56.565	Acquired	236002	Direct
2009-02-03	Common Stock	F	77037	$65.76	Disposed	158965	Direct
2009-02-04	Common Stock	S	1225	$65.2215	Disposed	157740	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-03	Stock Option (Right to Buy)	$55.6563	M	3578	Disposed	2009-09-09	Common Stock (3578)	Direct
2009-02-03	Stock Option (Right to Buy)	$55.94	M	38305	Disposed	2009-09-09	Common Stock (38305)	Direct
2009-02-03	Stock Option (Right to Buy)	$56.565	M	42750	Disposed	2009-09-11	Common Stock (42750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3761	Indirect
Common Stock	279	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.