HP INC — Director's Dealing 2008

Feb 26, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2008-02-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-21	Common Stock	S	900	$47.24	Disposed	629193	Direct
2008-02-21	Common Stock	S	1600	$47.25	Disposed	626593	Direct
2008-02-21	Common Stock	S	1100	$47.26	Disposed	625493	Direct
2008-02-21	Common Stock	S	700	$47.27	Disposed	624793	Direct
2008-02-21	Common Stock	S	1000	$47.28	Disposed	623793	Direct
2008-02-21	Common Stock	S	400	$47.29	Disposed	623393	Direct
2008-02-21	Common Stock	S	600	$47.30	Disposed	622793	Direct
2008-02-21	Common Stock	S	700	$47.31	Disposed	622093	Direct
2008-02-21	Common Stock	S	300	$47.32	Disposed	621793	Direct
2008-02-21	Common Stock	S	900	$47.33	Disposed	620893	Direct
2008-02-21	Common Stock	S	1700	$47.34	Disposed	619193	Direct
2008-02-21	Common Stock	S	1900	$47.36	Disposed	617293	Direct
2008-02-21	Common Stock	S	1900	$47.37	Disposed	615393	Direct
2008-02-21	Common Stock	S	1400	$47.38	Disposed	613993	Direct
2008-02-21	Common Stock	S	500	$47.39	Disposed	613493	Direct
2008-02-21	Common Stock	S	1900	$47.40	Disposed	611593	Direct
2008-02-21	Common Stock	S	1900	$47.41	Disposed	609693	Direct
2008-02-21	Common Stock	S	2600	$47.42	Disposed	607093	Direct
2008-02-21	Common Stock	S	1600	$47.43	Disposed	605493	Direct
2008-02-21	Common Stock	S	1500	$47.44	Disposed	603993	Direct
2008-02-21	Common Stock	S	1800	$47.45	Disposed	602193	Direct
2008-02-21	Common Stock	S	800	$47.46	Disposed	601393	Direct
2008-02-21	Common Stock	S	600	$47.47	Disposed	600793	Direct
2008-02-21	Common Stock	S	2100	$47.48	Disposed	598693	Direct
2008-02-21	Common Stock	S	1000	$47.49	Disposed	597693	Direct
2008-02-21	Common Stock	S	2700	$47.50	Disposed	594993	Direct
2008-02-21	Common Stock	S	2900	$47.51	Disposed	592093	Direct
2008-02-21	Common Stock	S	800	$47.52	Disposed	591293	Direct
2008-02-21	Common Stock	S	1600	$47.53	Disposed	589693	Direct

Footnotes

F1: This is the third of four Form's 4 to be filed, as the number of transactions reported on Table 1 exceeds the number of lines available on this form.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2007.