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COLGATE PALMOLIVE CO Director's Dealing 2010

Dec 30, 2010

29956_dirs_2010-12-30_0f597575-829d-4126-94e6-126f4da62b8d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2010-12-29

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-29 Common Stock C 132.088 Acquired 132.088 Indirect
2010-12-29 Common Stock C 432.464 Acquired 722.667 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-29 Series B Convertible Preference Stock $ C 16.511 Disposed Common Stock (132.088) Indirect
2010-12-29 Series B Convertible Preference Stock $ C 54.058 Disposed Common Stock (432.464) Indirect
2010-12-29 Series B Convertible Preference Stock Units $ D 762.618 Disposed Series B Convertible Preference Stock (762.618) Indirect
2010-12-29 Common Stock Units $ A 6100.944 Acquired Common Stock (6100.944) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 142730 Direct
Common Stock 3761 Indirect

Footnotes

F1: The Issuer's 401(k) Plan Trustee caused the conversion of all outstanding Series B Convertible Preference Stock on December 29, 2010, into shares of the Issuer's Common Stock at a conversion rate equal to eight shares of Common Stock for each share of Series B Convertible Preference Stock. The Series B Convertible Preference Stock was convertible at the Trustee's election upon the Issuer's decision to redeem such stock.

F2: 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.

F3: The Series B Convertible Preference Stock and Series B Convertible Preference Stock Units had no expiration date.

F4: Upon the conversion of the Series B Convertible Preference Stock on December 29, 2010, the Series B Convertible Preference Stock Units were revalued as Common Stock Units at the rate of eight Common Stock Units for each Series B Convertible Preference Stock Unit.

F5: The Common Stock Units have no expiration date.