HP INC — Director's Dealing 2015

Apr 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2015-04-20

Reporting Person: REINER GARY M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-02	Restricted Stock Units	$	A	79.6173	Acquired		Common Stock (79.6173)	Direct
2015-04-20	Restricted Stock Units	$	A	4116	Acquired		Common Stock (4116)	Direct
2015-04-20	Nonemployee Stock Option (Right to Buy)	$33.41	A	19559	Acquired	2025-04-20	Common Stock (19559)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16348	Direct

Footnotes

F1: There is no reportable change since the last filing. This is a reiteration of holdings only.

F2: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F3: As previously reported, on 04/21/14 the reporting person was granted 4,305 restricted stock units ("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. The 79.6173 dividends being reported reflect 20.3306 dividends at $33.88 per share deferred on 07/02/14; 19.9363 dividends at $34.55 per share deferred on 10/01/14; 17.3370 dividends at $39.73 per share deferred on 01/07/15; and 22.0134 dividends at $31.29 per share deferred on 04/01/15.

F4: 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.

F5: These options were acquired under HP's Second Amended and Restated 2004 Stock Incentive Plan.

F6: This option will cliff vest and become exercisable beginning on this date.

F7: This option is no longer exercisable beginning on this date.