COLGATE PALMOLIVE CO — Director's Dealing 2011

Sep 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2011-09-08

Reporting Person: Verduin Patricia (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-12	Common Stock	S	673	$86.666	Disposed	18087	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-08	Stock Option (Right to Buy)	$90.46	A	23000	Acquired	2017-09-08	Common Stock (23000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	570	Indirect

Footnotes

F1: Sale of shares (with proceeds delivered to the Company) for payment of tax liability incident to vesting of a restricted stock award under the issuer's Executive Incentive Compensation Plan.

F2: Annual Stock Option granted under the issuer's 2005 Employee Stock Option Plan.

F3: Option becomes exercisable in one-third increments on each anniversary date, with the first third becoming exercisable on the date shown in this column.