SEC Form 4 · accession 0001123292-16-002576
COLGATE PALMOLIVE CO · CL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian M Cook
Officer — Chairman, President & CEO · Director
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 5:11 pm EDT
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 | Aug 8, 2016 | M | 710,000 | $38.29 | A | 1,715,545 | D | |
| Common Stock | Aug 8, 2016 | F | 543,041 | $74.43 | D | 1,172,504 | D | |
| Common Stock | holding | — | — | — | 39,225 | I | By 2014 GRAT | |
| Common Stock | holding | — | — | — | 73,529 | I | By 2015 GRAT | |
| Common StockF3 | holding | — | — | — | 277,009 | I | By 2016 GRAT | |
| Common Stock | holding | — | — | — | 109,664 | I | By Issuer's 401(k) Plan Trustee |
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)F4 | $38.29 | Aug 8, 2016 | M | 710,000 | D | — | Sep 16, 2016 | Common Stock | 710,000 | 0 | D |
Explanation of responses
- F1Exercise of stock options awarded under the issuer's employee stock option plan.
- F2The 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.
- F3These shares, which were previously reported as directly beneficially owned, were contributed to a grantor retained annuity trust on May 11, 2016.
- F4Option became exercisable in one-third increments beginning on the first anniversary of the September 16, 2010 grant date.