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HP INC Director's Dealing 2005

Feb 17, 2005

30213_dirs_2005-02-17_ff6ecb7d-712d-44c0-9c63-6d7ec1ef3668.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2005-02-07

Reporting Person: PERKINS THOMAS J (Director)

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK 51137 Direct
COMMON STOCK 304 Indirect
COMMON STOCK 160945 Indirect
COMMON STOCK 348541 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
STOCK OPTION (right to buy) $45.67 2008-04-22 Common Stock (15812) Direct
STOCK OPTION (right to buy) $37.46 2009-04-21 Common Stock (15812) Direct
STOCK OPTION (right to buy) $18.74 2009-04-21 Common Stock (2401) Direct
STOCK OPTION (right to buy) $47.44 2010-04-26 Common Stock (15812) Direct
STOCK OPTION (right to buy) $23.72 2010-04-26 Common Stock (1897) Direct
STOCK OPTION (right to buy) $26.88 2011-04-25 Common Stock (15812) Direct
STOCK OPTION (right to buy) $13.44 2011-04-25 Common Stock (4464) Direct
STOCK OPTION (right to buy) $12.775 2012-07-18 Common Stock (15171) Direct
STOCK OPTION (right to buy) $16.62 2013-05-01 Common Stock (14326) Direct
CONTRACT (right to sell) $ 2007-05-24 Common Stock (160945) Indirect
CONTRACT (right to sell) $ 2007-05-24 Common Stock (348541) Indirect

Footnotes

F1: Received on May 3, 2002 in exchange for shares of Compaq Computer Corporation ("Compaq") in connection with the merger of a
subsidiary of Hewlett-Packard Company ("HP") with and into Compaq (the "Merger"), based on the exchange ratio of 0.6325
shares of HP Common Stock for each share of Compaq Common Stock (the "Exchange Ratio"). The acquisition was exempt from
Section 16(b) pursuant to Rule 16b-3(d)(1). On the effective date of the Merger, the closing price of Compaq Common Stock
was $11.00 per share and the closing price of HP Common Stock was $17.44 per share.

F2: Includes 160,945 shares held by the UAD 12/14/72 Perkins Bypass Trust C, which are subject to the arrangements described in
Exhibit 99.1.

F3: Includes 348,541 shares held by the Survivors Trust UAD DTD 11/13/1987, which are subject to the arrangements described in
Exhibit 99.2.

F4: Received on May 3, 2002 in the Merger in exchange for a stock option to acquire shares of Compaq Common Stock based on the
Exchange Ratio. The acquisition was exempt from Section 16(b) pursuant to Rule 16b-3(d)(1).

F5: Right to buy HP Common Stock granted under the 1997 Director Stock Plan complying with Rule 16b-3.

F6: See Exhibit 99.1.

F7: See Exhibit 99.2.