COLGATE PALMOLIVE CO — Director's Dealing 2010

May 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2010-05-13

Reporting Person: Erezuma Hector I (VP Taxation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-13	Common Stock	M	7650	$54.40	Acquired	24495	Direct
2010-05-13	Common Stock	F	5964	$83.13	Disposed	18531	Direct
2010-05-17	Common Stock	S	1000	$83.72	Disposed	17531	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-13	Stock Option (Right to Buy)	$54.40	M	7650	Disposed	2010-09-09	Common Sock (7650)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1619	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.