COLGATE PALMOLIVE CO — Director's Dealing 2010

May 10, 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: Woodson Gregory P (VP-Chief Ethics & Compliance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-06	Common Stock	M	5167	$48.625	Acquired	45885	Direct
2010-05-06	Common Stock	M	4637	$57.275	Acquired	50522	Direct
2010-05-06	Common Stock	M	4515	$59.82	Acquired	55037	Direct
2010-05-06	Common Stock	M	22500	$54.40	Acquired	77537	Direct
2010-05-06	Common Stock	F	28996	$81.77	Disposed	48541	Direct
2010-05-07	Common Stock	S	1226	$80.6245	Disposed	47315	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-06	Stock Option (Right to Buy)	$48.0625	M	5167	Disposed	2010-09-14	Common Stock (5167)	Direct
2010-05-06	Stock Option (Right to Buy)	$57.275	M	4637	Disposed	2010-09-14	Common Stock (4637)	Direct
2010-05-06	Stock Option (Right to Buy)	$59.82	M	4515	Disposed	2010-09-14	Common Stock (4515)	Direct
2010-05-06	Stock Option (Right to Buy)	$54.40	M	22500	Disposed	2010-09-09	Common Stock (22500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7965	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.