COLGATE PALMOLIVE CO — Director's Dealing 2011

May 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: HICKEY DENNIS J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-05	Common Stock	M	29000	$56.675	Acquired	164460	Direct
2011-05-05	Common Stock	M	27500	$53.455	Acquired	191960	Direct
2011-05-05	Common Stock	F	45837	$84.90	Disposed	146123	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-05	Stock Option (Right to Buy)	$56.675	M	29000	Disposed	2011-09-17	Common Stock (29000)	Direct
2011-05-05	Stock Option (Right to Buy)	$53.455	M	27500	Disposed	2011-09-08	Common Stock (27500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22981	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.