Wallace Noel R. 4
4 · COLGATE PALMOLIVE CO · Filed Feb 20, 2024
Insider Transaction Report
Form 4
Wallace Noel R.
DirectorChairman, President & CEO
Transactions
- Award
Common Stock
2024-02-15+56,616→ 331,115 total - Sale
Common Stock
2024-02-16$84.06/sh−29,772$2,502,664→ 301,343 total - Exercise/Conversion
Common Stock
2024-02-20$68.16/sh+55,486$3,781,926→ 356,829 total - Sale
Common Stock
2024-02-20$84.41/sh−14,462$1,220,802→ 342,367 total - Sale
Common Stock
2024-02-20$84.17/sh−55,486$4,670,085→ 286,881 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-02-20−55,486→ 0 totalExercise: $68.16Exp: 2024-09-13→ Common Stock (55,486 underlying)
Holdings
- 51,697(indirect: By Trust)
Common Stock
- 52,000(indirect: By Trust)
Common Stock
- 335(indirect: By Trust)
Common Stock
Footnotes (9)
- [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.