COLGATE PALMOLIVE CO — Director's Dealing 2011

May 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2011-05-03

Reporting Person: MOISON FRANCK J (C.O.O. Emerging Mkts.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-03	Common Stock	M	48000	$55.11	Acquired	147588	Direct
2011-05-03	Common Stock	F	38982	$84.70	Disposed	108606	Direct
2011-05-04	Common Stock	M	20000	$55.11	Acquired	128606	Direct
2011-05-04	Common Stock	F	16165	$85.65	Disposed	112441	Direct
2011-05-04	Common Stock	S	32795	$85.35	Disposed	79646	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-03	Stock Option (right to buy)	$55.11	M	48000	Disposed	2012-09-12	Common Stocjm (48000)	Direct
2011-05-04	Stock Option (right to buy)	$55.11	M	20000	Disposed	2012-09-12	Common Srock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15204	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.