X0303 4 2009-07-17 0000047217 HEWLETT PACKARD CO HPQ 0001275939 DE ALONSO MARCELA PEREZ C/O HEWLETT-PACKARD COMPANY 3000 HANOVER STREET PALO ALTO CA 94304 0 1 0 0 EVP HR Common Stock 2009-07-17 4 M 0 31250 25.385 A 89584 D Common Stock 2009-07-17 4 M 0 59400 21.765 A 148984 D Common Stock 2009-07-17 4 S 0 90650 40.00 D 58334 D Common Stock 2009-07-20 4 M 0 15600 21.765 A 73934 D Common Stock 2009-07-20 4 S 0 15600 40.00 D 58334 D Employee Stk Option (right to buy) 25.385 2009-07-17 4 M 0 31250 0 D 2005-01-15 2012-01-15 Common Stock 31250 0 D Employee Stk Option (right to buy) 21.765 2009-07-17 4 M 0 59400 0 D 2006-04-14 2013-04-14 Common Stock 59400 15600 D Employee Stk Option (right to buy) 21.765 2009-07-20 4 M 0 15600 0 D 2006-04-14 2013-04-14 Common Stock 15600 0 D Restricted Stock Units 2009-04-01 4 A 0 49.2447 A Common Stock 49.2447 10989.2447 D The sales reported on this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/25/09. Each restricted stock unit represents a contingent right to receive one share of HP common stock. As previously reported, on 01/15/09 the Reporting Person was granted 10,940 restricted stock units ("RSUs"), 5,470 of which will vest on each of 01/15/10 and 01/15/11. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 49.2447 dividend equivalent rights being reported reflect 26.618 dividend equivalent rights at $32.88 per RSU credited to the Reporting Person's account on 04/01/09 and 22.6267 dividend equivalent rights at $38.68 per RSU credited to the Reporting Person's account on 07/01/09. /s/ David Ritenour as Attorney-in-Fact for Marcela Perez de Alonso 2009-07-21