COLGATE PALMOLIVE CO — Director's Dealing 2011

Feb 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2011-02-02

Reporting Person: LEWIS DELANO E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-24	Common Stock	G	500	—	Disposed	15398	Direct
2010-06-30	Common Stock	G	50	—	Disposed	15.348	Direct
2010-07-19	Common Stock	G	180	—	Disposed	15168	Direct
2011-02-02	Common Stock	M	1334	$68.87	Acquired	16502	Direct
2011-02-02	Common Stock	M	1333	$61.10	Acquired	17835	Direct
2011-02-02	Common Stock	F	2280	$76.05	Disposed	15555	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-02	Stock Option (Right to Buy)	$68.87	M	1334	Disposed	2017-02-20	Common Stock (1334)	Direct
2011-02-02	Stock Option (Right to Buy)	$61.10	M	1333	Disposed	2019-02-17	Common Stock (1333)	Direct

Footnotes

F1: Bona fide gift

F2: Exercise of stock options awarded under the issuer's Non-Employee Director Stock Option Plan.

F3: 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.