X0202 4 2007-05-18 0000047217 HEWLETT PACKARD CO HPQ 0001207621 LAMPMAN DICK C/O HEWLETT-PACKARD COMPANY 3000 HANOVER STREET PALO ALTO CA 94304 0 1 0 0 SVP, HP Labs Common Stock 2007-05-18 4 M 0 50000 15.745 D 58707.6101 D Common Stock 2007-05-18 4 S 0 300 44.23 D 58407.6101 D Common Stock 2007-05-18 4 S 0 100 44.24 D 58307.6101 D Common Stock 2007-05-18 4 S 0 200 44.27 D 58107.6101 D Common Stock 2007-05-18 4 S 0 500 44.28 D 57607.6101 D Common Stock 2007-05-18 4 S 0 700 44.29 D 56907.6101 D Common Stock 2007-05-18 4 S 0 400 44.30 D 56507.6101 D Common Stock 2007-05-18 4 S 0 700 44.31 D 55807.6101 D Common Stock 2007-05-18 4 S 0 900 44.32 D 54907.6101 D Common Stock 2007-05-18 4 S 0 200 44.33 D 54707.6101 D Common Stock 2007-05-18 4 S 0 200 44.34 D 54507.6101 D Common Stock 2007-05-18 4 S 0 200 44.36 D 54307.6101 D Common Stock 2007-05-18 4 S 0 100 44.37 D 54207.6101 D Common Stock 2007-05-18 4 S 0 300 44.38 D 53907.6101 D Common Stock 2007-05-18 4 S 0 200 44.39 D 53707.6101 D Common Stock 2007-05-18 4 S 0 200 44.41 D 53507.6101 D Common Stock 2007-05-18 4 S 0 1000 44.42 D 52507.6101 D Common Stock 2007-05-18 4 S 0 400 44.43 D 52107.6101 D Common Stock 2007-05-18 4 S 0 500 44.44 D 51607.6101 D Common Stock 2007-05-18 4 S 0 200 44.45 D 51407.6101 D Common Stock 2007-05-18 4 S 0 500 44.46 D 50907.6101 D Common Stock 2007-05-18 4 S 0 600 44.48 D 50307.6101 D Common Stock 2007-05-18 4 S 0 600 44.49 D 49707.6101 D Common Stock 2007-05-18 4 S 0 2400 44.50 D 47307.6101 D Common Stock 2007-05-18 4 S 0 2400 44.51 D 44907.6101 D Common Stock 2007-05-18 4 S 0 2300 44.52 D 42607.6101 D Common Stock 2007-05-18 4 S 0 1400 44.53 D 41207.6101 D Common Stock 2007-05-18 4 S 0 2000 44.54 D 39207.6101 D Common Stock 2007-05-18 4 S 0 4200 44.55 D 35007.6101 D Employee Stock Option (right to buy) 15.745 2007-05-18 4 M 0 50000 0 A 2004-04-16 2011-04-16 Common Stock 50000 0 D This is the first of two Form 4's to be filed, as the number of transactions reported on Table 1 exceeds the number of lines available on this form. Includes the acquisition of 362.9348 shares in April 2007, under the Hewlett-Packard Company Share Ownership Plan (the "SOP") and 16.2832 shares in April 2007 received through dividends that are automatically paid out in shares under the SOP, in a transaction exempt under Rule 16b-3. This option became exercisable in four equal annual installments beginning on this date. This option is no longer exercisable beginning on this date. /s/Charles N. Charnas, Attorney-in-fact 2007-05-21