HP INC — Director's Dealing 2012

Jan 31, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2012-01-19

Reporting Person: Gomez Henry (EVP, CCO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$27.00	2020-01-18	Common Stock (56000)		Direct
Restricted Stock Units	$		Common Stock (18500)		Direct

Footnotes

F1: This option will vest 50% on the first anniversary of the grant date and 50% on the second anniversary of the grant date, in both cases subject to the satisfaction of certain stock price performance conditions prior to expiration of the option.

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 01/18/12 the reporting person was granted 18,500 restricted stock units ("RSUs"), 6,166 of which will vest on 01/18/13, and 6,167 of which will vest on each of 01/18/14 and 01/18/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.