HP INC — Director's Dealing 2007

Mar 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2007-03-05

Reporting Person: WAYMAN ROBERT PAUL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-05	Common Stock	S	400	$39.055	Disposed	244448.1135	Direct
2007-03-05	Common Stock	S	5500	$39.06	Disposed	238948.1135	Direct
2007-03-05	Common Stock	S	800	$39.0611	Disposed	238148.1135	Direct
2007-03-05	Common Stock	S	3300	$39.07	Disposed	234848.1135	Direct
2007-03-05	Common Stock	S	700	$39.075	Disposed	234148.1135	Direct
2007-03-05	Common Stock	S	3000	$39.08	Disposed	231148.1135	Direct
2007-03-05	Common Stock	S	2000	$39.09	Disposed	228248.1135	Direct
2007-03-05	Common Stock	S	900	$39.0984	Disposed	228248.1135	Direct
2007-03-05	Common Stock	S	6800	$39.10	Disposed	221448.1135	Direct
2007-03-05	Common Stock	S	3000	$39.11	Disposed	218448.1135	Direct
2007-03-05	Common Stock	S	3000	$39.12	Disposed	215448.1135	Direct
2007-03-05	Common Stock	S	3100	$39.13	Disposed	212348.1135	Direct
2007-03-05	Common Stock	S	3000	$39.14	Disposed	209348.1135	Direct
2007-03-05	Common Stock	S	3500	$39.15	Disposed	205848.1135	Direct
2007-03-05	Common Stock	S	900	$39.1742	Disposed	204948.1135	Direct
2007-03-05	Common Stock	S	1500	$39.18	Disposed	203448.1135	Direct
2007-03-05	Common Stock	S	14900	$39.1876	Disposed	188548.1135	Direct
2007-03-05	Common Stock	S	500	$39.19	Disposed	188048.1135	Direct
2007-03-05	Common Stock	S	2500	$39.20	Disposed	185548.1135	Direct
2007-03-05	Common Stock	S	3700	$39.21	Disposed	181848.1135	Direct
2007-03-05	Common Stock	S	900	$39.2139	Disposed	180948.1135	Direct
2007-03-05	Common Stock	S	1400	$39.22	Disposed	179548.1135	Direct
2007-03-05	Common Stock	S	1700	$39.23	Disposed	177848.1135	Direct
2007-03-05	Common Stock	S	2000	$39.24	Disposed	175848.1135	Direct
2007-03-05	Common Stock	S	500	$39.26	Disposed	175348.1135	Direct
2007-03-05	Common Stock	S	2500	$39.27	Disposed	172848.1135	Direct
2007-03-05	Common Stock	S	3300	$39.28	Disposed	169548.1135	Direct
2007-03-05	Common Stock	S	6000	$39.29	Disposed	163548.1135	Direct
2007-03-05	Common Stock	S	1000	$39.30	Disposed	162548.1135	Direct

Footnotes

F1: This is the second of three Form 4's to be filed, as the number of transactions reported on Table 1 exceeded the number of lines available on the first form.