HP INC — Director's Dealing 2014

May 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2014-05-27

Reporting Person: SCHULTZ JOHN F (EVP, GC & SEC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-27	Common Stock	S	2627	$33.50	Disposed	31004.9077	Direct
2014-05-27	Common Stock	M	24000	$22.03	Acquired	55004.9077	Direct
2014-05-27	Common Stock	S	24000	$33.50	Disposed	31004.9077	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-27	Employee Stock Option (Right to Buy)	$22.03	M	24000	Disposed	2020-05-16	Common Stock (24000)	Direct

Footnotes

F1: The stock sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/06/14.

F2: This option became exercisable beginning on this date.