TOBEN EDMUND D 4
4 · COLGATE PALMOLIVE CO · Filed Sep 10, 2009
Insider Transaction Report
Form 4
TOBEN EDMUND D
Sr. VP Glob. I.T. & Bus. Serv.
Transactions
- Tax Payment
Common Stock
2009-09-08$71.49/sh−522$37,318→ 62,799 total - Sale
Common Stock
2009-09-09$71.11/sh−145$10,311→ 62,654 total
Holdings
- 1,712(indirect: By Trust)
Common Stock
- 2,387(indirect: By Daughter)
Common Stock
- 10,720(indirect: By GRAT)
Common Stock
Footnotes (3)
- [F1]Payment of tax liability by withholding shares of stock from award of restricted shares vesting under the issuer's stockholder-approved Executive Incentive Compensation Plan. The overall net effect of the vesting of restricted shares, after the withholding and sale of shares to pay income taxes associated with such vesting reported on this Form, was to increase Mr. Toben's non-restricted holdings (i.e., common shares held outright) of Colgate stock.
- [F2]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) resulting from vesting of award of restricted shares under the Company's stockholder-approved Executive Incentive Compensation Plan. The overall net effect of the vesting of restricted shares, after the withholding and sale of shares to pay income taxes associated with such vesting reported on this Form, was to increase Mr. Toben's non-restricted holdings (i.e., shares held outright) of Colgate common stock.
- [F3]The 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.