SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nefkens Michael G

(Last)

(First)

(Middle)

C/O HEWLETT-PACKARD COMPANY

3000 HANOVER STREET

(Street)

PALO ALTO

94304

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HEWLETT PACKARD CO [ HPQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Enterprise Services

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2014

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/03/2014		M		14,000	A	$23.59	29,408.1048⁽¹⁾	D
Common Stock	09/03/2014		S		14,000⁽²⁾	D	$38.13	15,408.1048	D
Common Stock	09/03/2014		S		5,000⁽²⁾	D	$38.13	10,408.1048	D
Common Stock								52,666⁽³⁾	I	By Michael Nefkens Trust 02/27/09

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$23.59	09/03/2014		M			14,000	09/27/2012⁽⁴⁾	09/27/2019⁽⁵⁾	Common Stock	14,000	$0	14,000	D
Restricted Stock Units	⁽⁶⁾	07/02/2014		A		22.0401⁽⁷⁾		⁽⁷⁾	⁽⁷⁾	Common Stock	22.0401	⁽⁷⁾	4,976.7014	D
Restricted Stock Units	⁽⁶⁾	07/02/2014		A		65.2326⁽⁸⁾		⁽⁸⁾	⁽⁸⁾	Common Stock	65.2326	⁽⁸⁾	14,387.4175	D
Restricted Stock Units	⁽⁶⁾	07/02/2014		A		192.0897⁽⁹⁾		⁽⁹⁾	⁽⁹⁾	Common Stock	192.0897	⁽⁹⁾	42,011.8115	D
Restricted Stock Units	⁽⁶⁾	07/02/2014		A		251.9669⁽¹⁰⁾		⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	251.9669	⁽¹⁰⁾	54,116.5434	D
Restricted Stock Units	⁽⁶⁾	07/02/2014		A		75.0224⁽¹¹⁾		⁽¹¹⁾	⁽¹¹⁾	Common Stock	75.0224	⁽¹¹⁾	16,113.0451	D

Explanation of Responses:

1. The total beneficial ownership includes 1.34050 shares at $34.0248 per share acquired through dividends paid in shares on 07/03/14 under the HP 2011 Employee Stock Purchase Plan ("ESPP") with respect to shares held under the ESPP. The total beneficial ownership also includes the acquisition of 0.0410 shares at $34.1095 per share received on 07/02/14 through dividends paid in shares.

2. The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/27/14.

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

4. This option became exercisable in three equal annual installments beginning on this date.

5. This option is no longer exercisable beginning on this date.

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

7. As previously reported, on 12/07/11 the reporting person was granted 14,000 restricted stock units ("RSUs"), 4,666 of which vested on 12/07/12, 4,667 of which vested on 12/07/13, and 4,667 of which will vest on 12/07/14. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 22.0401 dividend equivalent rights being reported reflect 22.0401 dividend equivalent rights at $33.88 per RSU credited to the reporting person's account on 07/02/14.

8. As previously reported, on 09/19/12 the reporting person was granted 27,625 RSUs, 13,812 of which vested on 09/19/13, and 13,813 of which will vest on 09/19/14. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 65.2326 dividend equivalent rights being reported reflect 65.2326 dividend equivalent rights at $33.88 per RSU credited to the reporting person's account on 07/02/14.

9. As previously reported, on 01/16/13 the reporting person was granted 61,012 RSUs, 20,337 of which vested on 01/16/14, 20,337 of which will vest on 01/16/15, and 20,338 of which will vest on 01/16/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 192.0897 dividend equivalent rights being reported reflect 192.0897 dividend equivalent rights at $33.88 per RSU credited to the reporting person's account on 07/02/14.

10. As previously reported, on 12/11/13 the reporting person was granted 53,354 RSUs, 17,784 of which will vest on 12/11/14, and 17,785 of which will vest on each of 12/11/15 and 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 251.9669 dividend equivalent rights being reported reflect 251.9669 dividend equivalent rights at $33.88 per RSU credited to the reporting person's account on 07/02/14.

11. As previously reported, on 12/11/13 the reporting person was granted 15,886 RSUs, 7,943 of which will vest on each of 12/11/14 and 12/11/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 75.0224 dividend equivalent rights being reported reflect 75.0224 dividend equivalent rights at $33.88 per RSU credited to the reporting person's account on 07/02/14.

Remarks:

	/s/ Katie Colendich as Attorney-in-Fact for Michael G. Nefkens	09/05/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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