COLGATE PALMOLIVE CO — Director's Dealing 2010

Mar 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2010-03-01

Reporting Person: HUSTON JOHN J (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-01	Common Stock	F	550	$83.79	Disposed	37993	Direct
2010-03-02	Common Stock	S	159	$83.7756	Disposed	37834	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2503	Indirect

Footnotes

F1: Payment of tax liability by withholding shares of stock from award of restricted shares vesting under the issuer's stockholder-approved Executive Incentive Compensation Plan. The overall net effect of the vesting of restricted shares, after the withholding and sale of shares to pay income taxes associated with such vesting reported on this Form, was to increase Mr. Huston's non-restricted holdings (i.e., common shares held outright) of Colgate stock.

F2: 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) resulting from vesting of award of restricted shares under the Company's stockholder-approved Executive Incentive Compensation Plan. The overall net effect of the vesting of restricted shares, after the withholding and sale of shares to pay income taxes associated with such vesting reported on this Form, was to increase Mr. Huston's non-restricted holdings (i.e., shares held outright) of Colgate common stock.