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COLGATE PALMOLIVE CO Director's Dealing 2010

May 13, 2010

29956_dirs_2010-05-13_69472af0-ead9-45fc-9464-6b357fd74c9e.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: 2010-05-11

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-11 Common Stock M 7500 $48.0625 Acquired 56090 Direct
2010-05-11 Common Stock F 5492 $82.83 Disposed 50598 Direct
2010-05-12 Common Stock S 315 $82.8139 Disposed 50283 Direct
2010-05-13 Common Stock S 1693 $83.10 Disposed 48590 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-11 Stock Option (Right to Buy) $48.0625 M 7500 Disposed 2010-09-14 Common Stock (7500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 7136 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.