SEC Form 4 · accession 0001123292-15-000392
COLGATE PALMOLIVE CO · CL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew D Hendry
Officer — Vice Chairman
Period of report
Dec 22, 2014
Accepted (ET)
Feb 17, 2015 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000021665
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 22, 2014 | G | 145 | $0.00 | D | 208,081 | D | |
| Common Stock | Feb 5, 2015 | G | 725 | $0.00 | D | 207,356 | D | |
| Common Stock | Feb 13, 2015 | M | 60,000 | $45.23 | A | 267,356 | D | |
| Common Stock | Feb 13, 2015 | F | 49,785 | $70.08 | D | 217,571 | D | |
| Common Stock | Feb 17, 2015 | M | 20,000 | $45.23 | A | 237,571 | D | |
| Common StockF5 | Feb 17, 2015 | S | 20,000 | $70.2531 | D | 217,571 | D | |
| Common Stock | holding | — | — | — | 7,236 | I | By Issuer's 401(k) Plan Trustee | |
| Common StockF6 | holding | — | — | — | 7,522 | I | By Son | |
| Common StockF6 | holding | — | — | — | 1,576 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F7 | $45.23 | Feb 13, 2015 | M | 60,000 | D | — | Sep 8, 2017 | Common Stock | 60,000 | 60,000 | D |
| Stock Option (Right to Buy)F7 | $45.23 | Feb 17, 2015 | M | 20,000 | D | — | Sep 8, 2017 | Common Stock | 20,000 | 40,000 | D |
Explanation of responses
- F1Bona fide gift.
- F2Exercise of stock options awarded under the issuer's employee stock option plan.
- F3The exercise price of the options and related tax withholding requirement were satisfied by the Company's withholding shares otherwise deliverable upon exercise of the options.
- F4Sale 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.
- F5Weighted average price, as these shares were sold in multiple transactions at prices ranging from $70.19 to $70.36, 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.
- F6The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F7Option became exercisable in one-third increments beginning on the first anniversary of the September 8, 2011 grant date.