COLGATE PALMOLIVE CO — Director's Dealing 2010

Nov 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2010-11-04

Reporting Person: Groener David R (VP-Global Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-04	Common Stock	M	16000	$56.675	Acquired	52880	Direct
2010-11-04	Common Stock	M	20000	$55.11	Acquired	72880	Direct
2010-11-04	Common Stock	M	22500	$53.455	Acquired	95380	Direct
2010-11-04	Common Stock	M	24000	$60.68	Acquired	119380	Direct
2010-11-04	Common Stock	F	70135	$78.44	Disposed	49245	Direct
2010-11-04	Common Stock	S	15000	$78.3109	Disposed	34245	Direct
2010-11-05	Common Stock	S	6564	$77.89	Disposed	27681	Direct
2010-11-05	Common Stock	S	12365	$77.296	Disposed	15316	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-04	Stock Option (Right to Buy)	$56.675	M	16000	Disposed	2011-09-17	Common Stock (16000)	Direct
2010-11-04	Stock Option (Right to Buy)	$55.11	M	20000	Disposed	2012-09-12	Common Stock (20000)	Direct
2010-11-04	Stock Option (Right to Buy)	$53.455	M	22500	Disposed	2011-09-08	Common Stock (22500)	Direct
2010-11-04	Stock Option (Right to Buy)	$60.68	M	24000	Disposed	2012-09-07	Common Stock (24000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6868	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: Weighted Average Price: High--$78.80, Low--$78.25