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HP INC Director's Dealing 2011

May 18, 2011

30213_dirs_2011-05-17_ace86901-7f59-4e90-8d4b-27d29076438e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2011-05-15

Reporting Person: Murrin James T (SVP, Controller & PAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-15 Common Stock F 3113 $40.41 Disposed 62140.2065 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11622.1141 Indirect

Footnotes

F1: The total beneficial ownership includes 19.8061 shares at $41.2068 per share acquired through dividends paid under the HP Share Ownership Plan ("SOP") on 04/06/11 with respect to shares held under the SOP.

F2: These shares were held indirectly under the Issuer's 401(k) Plan as of 04/30/11. Fidelity Investments Institutional Services Company, Inc. accounts for holdings in the stock fund in units, comprised of stock and cash reserves. The shares reported represent an approximate value based upon the fund balance and market value of Issuer's common stock.