HP INC — Director's Dealing 2014

Apr 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2014-04-21

Reporting Person: Ozzie Raymond E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-10-02	Restricted Stock Units	$	A	50.232	Acquired		Common Stock (50.232)	Direct
2014-04-21	Restricted Stock Units	$	A	5480	Acquired		Common Stock (5480)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Direct

Footnotes

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

F2: As previously reported, on 07/17/13 the reporting person was granted 4,174 restricted stock units ("RSUs"), all of which will cliff vest on 07/15/14. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 50.232 dividend equivalent rights being reported reflect 28.3208 dividend equivalent rights at $21.40 per RSU credited to the reporting person's account on 10/02/13, and 21.9112 dividend equivalent rights at $27.66 per RSU credited to the reporting person's account on 01/02/14.

F3: On 04/21/14 the reporting person was granted 5,480 RSUs, all of which will cliff vest on 04/21/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.