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: VEGHTE WILLIAM L (EVP, HP Software)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26667	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$47.00	2018-05-19	Common Stock (40000)		Direct
Restricted Stock Units	$		Common Stock (10071.5065)		Direct
Restricted Stock Units	$		Common Stock (50000)		Direct

Footnotes

F1: This option became exercisable in four equal annual installments beginning on this date.

F2: This option is no longer exercisable beginning on this date.

F3: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F4: On 12/10/10 the reporting person was granted 10,000 restricted stock units ("RSUs"), 5,000 of which will vest on 12/10/11, and 5,000 of which will vest on 12/10/12. 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.

F5: On 08/01/11 the reporting person was granted 50,000 restricted stock units ("RSUs"), 12,500 of which will vest on 10/31/11, 25,000 of which will vest on 10/31/12, and 12,500 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.