HP INC — Director's Dealing 2009

Jan 22, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2009-01-18

Reporting Person: MOTT RANDALL D (EVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-01-18	Common Stock	F	2344	$34.77	Disposed	285827	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (16410)	16410	Direct

Footnotes

F1: These restricted stock units were previously reported as an equivalent number of beneficially owned shares in Table I. These restricted stock units are now being reported in Table II and are no longer included in the amount that appears in column 5 of Table I.

F2: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F3: 8,205 restricted stock units vest on each of 01/15/10 and 01/15/11.