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COLGATE PALMOLIVE CO Director's Dealing 2024

Feb 20, 2024

29956_dirs_2024-02-20_b616a0df-cbe5-438b-8339-852c5b329531.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COLGATE PALMOLIVE CO (CL)
CIK: 0000021665
Period of Report: 2024-02-15

Reporting Person: Wallace Noel R. (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-15 Common Stock A 56616.0000 $0.0000 Acquired 331115.0000 Direct
2024-02-16 Common Stock S 29772.0000 $84.0610 Disposed 301343.0000 Direct
2024-02-20 Common Stock M 55486.0000 $68.1600 Acquired 356829.0000 Direct
2024-02-20 Common Stock S 14462.0000 $84.4145 Disposed 342367.0000 Direct
2024-02-20 Common Stock S 55486.0000 $84.1669 Disposed 286881.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-20 Stock Option (Right to Buy) $68.1600 M 55486.0000 Disposed 2024-09-13 Common Stock (55486.0000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 51697.0000 Indirect
Common Stock 52000.0000 Indirect
Common Stock 335.0000 Indirect

Footnotes

F1: Represents vesting of a previously-granted performance-based restricted stock unit ("PBRSU") that was earned under the issuer's incentive compensation plan based on the achievement of performance goals for a completed performance period. The earned PBRSUs are settled solely in shares of Common Stock.

F2: Sale of shares with proceeds delivered to the issuer for payment of tax liability incident to the vesting of PBRSUs under the issuer's incentive compensation plan. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2023.

F3: Weighted average price, as these shares were sold in multiple transactions at prices ranging from $83.93 to $84.2019, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: Exercise of stock options awarded under the issuer's incentive compensation plan.

F5: Sale of shares with proceeds delivered to the issuer for payment of tax liability incident to vesting of a restricted stock unit award under the issuer's incentive compensation plan. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2023.

F6: Weighted average price, as these shares were sold in multiple transactions at prices ranging from $84.35 to $84.5203, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: 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 incentive compensation plan and the related tax withholding.

F8: Weighted average price, as these shares were sold in multiple transactions at prices ranging from $83.70 to $84.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: Option became exercisable in one-third increments beginning on the first anniversary of the September 13, 2018 grant date.