HP INC — Director's Dealing 2004

Apr 28, 2004

SEC Form 4/A — Form 4/A

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2004-04-19

Reporting Person: KEYWORTH GEORGE A II (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-19	Stock Option	$21.71	A	26819	Acquired	2014-04-18	Common Stock (26819)	Direct

Footnotes

F1: Right to buy Hewlett-Packard Company common stock granted under the Hewlett-Packard Company 1997 Director Stock Plan, as amended, complying with Rule 16b-3.

F2: The stock option will become exercisable in 33-1/3% increments beginning on April 19, 2005.

F3: Not applicable.