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COLGATE PALMOLIVE CO Director's Dealing 2010

Nov 8, 2010

29956_dirs_2010-11-08_96255b73-1c1b-43e0-9eda-a4cf13e8850f.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: 2010-11-04

Reporting Person: Gillman Nina D (VP-Dep Gen Counsel & Asst Sec)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-04 Common Stock M 9000 $55.11 Acquired 22060 Direct
2010-11-04 Common Stock F 7420 $78.44 Disposed 14640 Direct
2010-11-05 Common Stock S 268 $77.3529 Disposed 14372 Direct
2010-11-05 Common Stock S 1312 $77.13 Disposed 13060 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-04 Stock Option (RIght to Buy) $55.11 M 9000 Disposed 2012-09-12 Common Stock (9000) Direct

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.