COLGATE PALMOLIVE CO — Director's Dealing 2012

May 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2012-05-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-15	Common Stock	M	833	$68.15	Acquired	59309	Direct
2012-05-15	Common Stock	S	833	$99.95	Disposed	58476	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-15	Stock Option (Right to Buy)	$68.15	M	833	Disposed	2013-09-12	Common Stock (833)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17751	Indirect

Footnotes

F1: Exercise of stock options awarded under the issuer's employee stock option plan.

F2: 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.

F3: This transaction was effected pursuant to a Rule 10b5-1 trading plan.