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COLGATE PALMOLIVE CO Director's Dealing 2010

May 10, 2010

29956_dirs_2010-05-10_8d7983f3-4ee5-4992-aecc-5fd3f5871227.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: 2010-05-06

Reporting Person: Nelson Rosemary (VP-Dep Gen Counsel, Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-06 Common Stock M 10000 $56.675 Acquired 26210 Direct
2010-05-06 Common Stock F 8043 $81.77 Disposed 18167 Direct
2010-05-07 Common Stock S 307 $80.6245 Disposed 17860 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-06 Stock Option (Right to Buy) $56.675 M 10000 Disposed 2011-09-17 Common Stock (10000) 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.