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: Wallace Noel R. (Pres.- Colgate No. America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-01	Common Stock	M	6000	$55.11	Acquired	59477	Direct
2011-11-01	Common Stock	M	12000	$54.93	Acquired	71477	Direct
2011-11-01	Common Stock	M	13000	$60.68	Acquired	84477	Direct
2011-11-01	Common Stock	S	31000	$89.3809	Disposed	53477	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-01	Stock Option (Right to Buy)	$55.11	M	6000	Disposed	2012-09-12	Common Stock (6000)	Direct
2011-11-01	Stock Option (Right to Buy)	$54.93	M	12000	Disposed	2012-10-10	Common Stock (12000)	Direct
2011-11-01	Stock Option (Right to Buy)	$60.68	M	13000	Disposed	2012-09-07	Common Stock (13000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17419	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.