HP INC — Director's Dealing 2009

Oct 20, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2009-10-15

Reporting Person: LESJAK CATHERINE A (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-15	Common Stock	M	5000	$22.015	Acquired	47517	Direct
2009-10-15	Common Stock	S	5000	$48.00	Disposed	42517	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-15	Employee Stock Option (right to buy)	$22.015	M	5000	Disposed	2012-03-18	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	306	Indirect

Footnotes

F1: The sale reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2009.

F2: There is no reportable change since the last filing. This is a reiteration of holdings only.

F3: This option became exercisable in four equal annual installments beginning on this date.