HP INC — Director's Dealing 2015

Jan 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HEWLETT PACKARD CO (HPQ)
CIK: 0000047217
Period of Report: 2015-01-09

Reporting Person: VEGHTE WILLIAM L (EVP and GM EG)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-01-09	Common Stock	M	200000	$13.83	Acquired	282546.5777	Direct
2015-01-09	Common Stock	S	200000	$41.00	Disposed	82546.5777	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-09	Employee Stock Option (right to buy)	$13.83	M	200000	Disposed	2020-12-06	Common Stock (200000)	Direct
2015-01-07	Restricted Stock Units	$	A	160.1571	Acquired		Common Stock (160.1571)	Direct
2015-01-07	Restricted Stock Units	$	A	221.479	Acquired		Common Stock (221.479)	Direct
2015-01-07	Restricted Stock Units	$	A	179.0566	Acquired		Common Stock (179.0566)	Direct

Footnotes

F1: The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/03/14.

F2: This option became exercisable beginning on this date.

F3: This option is no longer exercisable beginning on this date.

F4: Each restricted stock unit represents a contingent right to receive one share of HP common stock.

F5: As previously reported, on 12/06/12 the reporting person was granted 119,306 restricted stock units ("RSUs"), 39,768 of which vested on 12/06/13, 39,769 of which vested on 12/06/14, and 39,769 of which will vest on 12/06/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 160.1571 dividend equivalent rights being reported reflect 160.1571 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.

F6: As previously reported, on 09/18/13 the reporting person was granted 82,494 RSUs, 27,498 of which vested on 09/18/14, and 27,498 of which will vest on each of 09/18/15 and 09/18/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 221.4790 dividend equivalent rights being reported reflect 221.4790 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.

F7: As previously reported, on 12/11/13 the reporting person was granted 66,692 RSUs, 22,230 of which vested on 12/11/14, and 22,231 of which will vest on each of 12/11/15 and 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when as as dividends are paid on HP common stock. The 179.0566 dividend equivalent rights being reported reflect 179.0566 dividend equivalent rights at $39.73 per RSU credited to the reporting person's account on 01/07/15.