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HP INC Director's Dealing 2005

Apr 5, 2005

30213_dirs_2005-04-05_eacf9d25-90bb-4d6a-98af-566c8bd79b1b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2005-04-01

Reporting Person: HURD MARK V (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-04-01 COMMON STOCK A 400000 $21.73 Acquired 400000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-04-01 Employee Stock Option (right to buy) $21.73 A 450000 Acquired 2013-03-31 Common Stock (450000) Direct
2005-04-01 Employee Stock Option $21.73 A 700000 Acquired 2013-03-31 Common Stock (700000) Direct

Footnotes

F1: This option will become exercisable in three equal annual installments beginning April 1, 2006.

F2: Not applicable.

F3: This option will become exercisable in four equal annual installments beginning April 1, 2006.