X0202 4 2008-05-22 0 0000047217 HEWLETT PACKARD CO HPQ 0001223778 HURD MARK V C/O HEWLETT-PACKARD COMPANY 3000 HANOVER STREET PALO ALTO CA 94304 1 1 0 0 Chairman, CEO and President Common Stock 2008-05-22 4 M 0 100000 21.73 A 619493 D Common Stock 2008-05-22 4 S 0 43161 45.00 D 576332 D Common Stock 2008-05-22 4 S 0 10039 45.01 D 566293 D Common Stock 2008-05-22 4 S 0 5900 45.02 D 560393 D Common Stock 2008-05-22 4 S 0 1700 45.03 D 558693 D Common Stock 2008-05-22 4 S 0 400 45.04 D 558293 D Common Stock 2008-05-22 4 S 0 17500 45.05 D 540793 D Common Stock 2008-05-22 4 S 0 2300 45.06 D 538493 D Common Stock 2008-05-22 4 S 0 3300 45.07 D 535193 D Common Stock 2008-05-22 4 S 0 700 45.08 D 534493 D Common Stock 2008-05-22 4 S 0 3981 45.09 D 530512 D Common Stock 2008-05-22 4 S 0 11019 45.10 D 519493 D Employee Stock Option (right to buy) 21.73 2008-05-22 4 M 0 100000 0 D 2006-04-01 2013-04-01 Common Stock 100000 300000 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 4, 2008. This option became exercisable in four equal annual installments beginning on this date. This option is no longer exercisable beginning on this date. /s/ David Ritenour, Attorney-in-fact 2008-05-27