HP INC — Director's Dealing 2015

Jul 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2015-07-16

Reporting Person: KLEINFELD KLAUS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-16	Common Stock	M	3238	—	Acquired	3238	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-16	Restricted Stock Units	$	M	3238	Disposed		Common Stock (3238)	Direct
2015-07-01	Restricted Stock Units	$	A	23.7358	Acquired		Common Stock (23.7358)	Direct

Footnotes

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

F2: As previously reported, on 07/17/14 the reporting person was granted 3,175 restricted stock units ("RSUs"), all of which cliff vested on 07/16/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities beneficially owned immediately prior to the transaction being reported includes 18.3093 dividend equivalent rights at $30.52 per RSU credited to the reporting person's account on 07/01/15. The number of derivative securities in column 5 includes 63 vested dividend equivalent rights and a de minimus adjustment of 0.9659 due to fractional rounding of the dividend equivalent rights.

F3: As previously reported, on 04/20/15 the reporting person was granted 4,116 RSUs, all of which will cliff vest on 04/20/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 23.7358 dividends being reported reflect 23.7358 dividends at $30.52 per share deferred on 07/01/15.