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COLGATE PALMOLIVE CO Director's Dealing 2011

May 11, 2011

29956_dirs_2011-05-11_b7b31f19-e76f-4217-acc0-86dcb528d452.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2011-05-09

Reporting Person: Nelson Rosemary (VP-Dep Gen Counsel, Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-09 Common Stock M 9000 $60.68 Acquired 27728 Direct
2011-05-09 Common Stock F 7359 $84.98 Disposed 20369 Direct
2011-05-10 Common Stock S 257 $85.3526 Disposed 20112 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-09 Stock Option (Right to Buy) $60.68 M 9000 Disposed 2011-09-07 Common Stock (9000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1972 Indirect

Footnotes

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

F2: The exercise price of the options and related withholding requirement was satisfied by the Company's withholding shares otherwise deliverable upon exercise of the options.

F3: 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) incident to the exercise of the option under the issuer's employee stock option plan.