HP INC — Director's Dealing 2011

Aug 25, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2011-08-16

Reporting Person: Visentin Giovanni (EVP, HPES)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (11337.4586)		Direct
Restricted Stock Units	$		Common Stock (16098.1878)		Direct
Restricted Stock Units	$		Common Stock (30000)		Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F2: On 03/23/11 the reporting person was granted 16,045 restricted stock units ("RSUs"), 5,348 of which will vest on 03/23/12, 5,348 of which will vest on 03/23/13, and 5,349 of which will vest on 03/23/14. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of units reported includes dividend equivalent rights accrued but not released since the grant date.

F3: On 03/23/11 the reporting person was granted 11,300 restricted stock units ("RSUs"), 5,650 of which will vest on 03/23/12, and 5,650 will vest on 03/23/13. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of units reported includes dividend equivalent rights accrued but not released since the grant date.

F4: On 08/01/11 the reporting person was granted 30,000 restricted stock units ("RSUs"), 7,500 of which will vest on 10/31/11, 15,000 of which will vest on 10/31/12, and 7,500 of which will vest on 04/30/13. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.