Sec Form 4 Filing - McBride Seamus E @ COLGATE PALMOLIVE CO - 2008-05-16

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person McBride Seamus E 2. Issuer Name and Ticker or Trading Symbol COLGATE PALMOLIVE CO [ CL] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Exec VP Pres. No. Am. & W.C.E. (Last) (First) (Middle) COLGATE PALMOLIVE COMPANY, 300 PARK AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 05/16/2008 (Street) NEW YORK, NY10022 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/16/2008 M( 1 ) 2,963 A $ 56.9 57,352 D Common Stock 05/16/2008 M( 1 ) 4,941 A $ 57.525 62,293 D Common Stock 05/16/2008 M( 1 ) 3,067 A $ 55.555 65,360 D Common Stock 05/16/2008 F( 2 ) 9,398 D $ 72.5 55,962 D Common Stock 05/19/2008 S( 3 ) 237 D $ 72.4569 55,725 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (Right to Buy) $ 56.9 05/16/2008 M( 1 ) 2,963 11/08/2001( 4 ) 09/10/2008 Common Stock 2,963 $ 0 0 D Stock Option (Right to Buy) $ 57.525 05/16/2008 M( 1 ) 4,941 05/13/2002( 4 ) 09/10/2008 Common Stock 4,941 $ 0 0 D Stock Option (Right to Buy) $ 55.555 05/16/2008 M( 1 ) 3,067 11/13/2002( 4 ) 09/10/2008 Common Stock 3,067 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other McBride Seamus E COLGATE PALMOLIVE COMPANY 300 PARK AVENUE NEW YORK, NY10022 Exec VP Pres. No. Am. & W.C.E. Signatures Nina D. Gillman by power of attorney 05/20/2008 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Exercise of stock options awarded under the issuer's employee stock option plan. ( 2 )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. ( 3 )Sale of shares (with proceeds delivered to the Company) for payment of tax liability above minimum required statutory withholding (but not in excess of full applicable statutory tax rates) incident to the exercise of the option under the issuer's employee stock option plan. ( 4 )Option became 100% exercisable on the date shown in this column.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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