COLGATE PALMOLIVE CO — Director's Dealing 2011

Nov 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2011-11-01

Reporting Person: Thompson Neil (Pres&CEO Hill's Pet Nutrition)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-01	Common Stock	M	16666	$73.23	Acquired	45430	Direct
2011-11-01	Common Stock	S	14976	$88.5768	Disposed	30454	Direct
2011-11-02	Common Stock	S	1149	$88.38	Disposed	29305	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-01	Stock Option (Right to Buy)	$73.23	M	16666	Disposed	2015-09-10	Common Stock (16666)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1790	Indirect
Common Stock	208	Indirect

Footnotes

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

F2: Sale of shares (with 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.