COLGATE PALMOLIVE CO — Director's Dealing 2010

May 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2010-05-06

Reporting Person: PATRICK STEPHEN C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-06	Common Stock	M	61200	$54.40	Acquired	169829	Direct
2010-05-06	Common Stock	M	57500	$48.0625	Acquired	198579	Direct
2010-05-06	Common Stock	F	96703	$81.77	Disposed	150227	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-06	Stock Option (Right to Buy)	$54.40	M	61200	Disposed	2010-09-09	Common Stock (61200)	Direct
2010-05-06	Stock Option (Right to Buy)	$48.0625	M	57500	Disposed	2010-09-14	Common Stock (57500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1366	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.