COLGATE PALMOLIVE CO — Director's Dealing 2012

Sep 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2012-09-13

Reporting Person: Wallace Noel R. (Pres.- Colgate No. America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-13	Common Stock	S	1324.0000	$103.0000	Disposed	57447.0000	Direct
2012-09-17	Common Stock	M	833.0000	$68.1500	Acquired	58280.0000	Direct
2012-09-17	Common Stock	S	833.0000	$103.4100	Disposed	57447.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-13	Stock Option (Right to Buy)	$104.5400	A	50000.0000	Acquired	2018-09-13	Common Stock (50000.0000)	Direct
2012-09-17	Stock Option (Right to Buy)	$68.1500	M	833.0000	Disposed	2013-09-12	Common Stock (833.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17887.0000	Indirect

Footnotes

F1: Sale of shares (with proceeds delivered to the issuer) for payment of tax liability incident to vesting of a restricted stock award under the issuer's Executive Incentive Compensation Plan. This sale was effected pursuant to a Rule 10b5-1 trading plan.

F2: Exercise of stock options awarded under the issuer's employee stock option plan. This transaction was effected pursuant to a Rule 10b5-1 trading plan.

F3: Sale of shares with a portion of the proceeds delivered to the issuer for payment of the exercise price of options under the issuer's employee stock option plan and the related tax withholding. This sale was effected pursuant to a Rule 10b5-1 trading plan.

F4: Annual stock option granted under the issuer's 2005 Employee Stock Option Plan.

F5: Option becomes exercisable in equal annual installments over three years beginning on the first anniversary of the September 13, 2012 grant date.