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: HENDRY ANDREW D (Sr VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-03	Common Stock	S	1000	$84.20	Disposed	142215	Direct
2011-05-03	Common Stock	M	56800	$60.68	Acquired	199015	Direct
2011-05-03	Common Stock	F	48822	$84.70	Disposed	150193	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-03	Stock Option (Right to Buy)	$60.68	M	56800	Disposed	2012-09-07	Common Stock (56800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3761	Indirect
Common Stock	723	Indirect
Common Stock	156	Indirect

Footnotes

F1: The sale reported in this Form 4 is effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 17, 2010, for retirement planning purposes.

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3: Exercise of stock options awarded under the issuer's employee stock option plan.

F4: 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.