COLGATE PALMOLIVE CO — Director's Dealing 2011

Nov 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2011-11-04

Reporting Person: HUSTON JOHN J (Sr.V.P.Office of the Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-04	Common Stock	M	20000	$68.15	Acquired	65937	Direct
2011-11-04	Common Stock	M	17500	$60.68	Acquired	83437	Direct
2011-11-04	Common Stock	M	17000	$55.11	Acquired	100437	Direct
2011-11-04	Common Stock	M	16000	$51.545	Acquired	116437	Direct
2011-11-04	Common Stock	S	70500	$87.429	Disposed	45937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-04	Stock Option (Right to Buy)	$68.15	M	20000	Disposed	2013-09-12	Common Stock (20000)	Direct
2011-11-04	Stock Option (Right to Buy)	$60.68	M	17500	Disposed	2012-09-07	Common Stock (17500)	Direct
2011-11-04	Stock Option (Right to Buy)	$55.11	M	17000	Disposed	2012-09-12	Common Stock (17000)	Direct
2011-11-04	Stock Option (Right to Buy)	$51.545	M	16000	Disposed	2013-03-13	Common Stock (16000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14773	Indirect

Footnotes

F1: Exercise of stock options awarded under the issuer's employee stock option plan.

F2: Sale of shares with a portion of the proceeds delivered to the issuer for payment of the exercise price of options under the issuer's employee stock option plan and the related tax withholding.