X0303 4 2010-12-10 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 2010-12-10 4 M 0 4547 42.62 A 9547 D Common Stock 2010-12-10 4 F 0 2123 42.62 D 7424 D Common Stock 2010-12-14 4 S 0 2407 41.72 D 5017 D Common Stock 46623 I Merrill Lynch Joint Account Restricted Stock Units 2010-12-10 4 M 0 4547 D Common Stock 4547 4545 D Restricted Stock Units 2010-12-10 4 A 0 10624 A Common Stock 10624 10624 D The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/29/10. There is no reportable change since the last filing. This is a reiteration of holdings only. Each restricted stock unit represents a contingent right to receive one share of HP common stock. As previously reported, on 12/10/09 the reporting person was granted 9,030 restricted stock units ("RSUs"), 4,515 of which vested on 12/10/10 and 4,515 of which will vest on 12/10/11. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 31.2 vested dividend equivalent rights and a deminimus adjustment of 0.8000 due to fractional rounding of the dividend equivalent rights. On 12/10/10 the reporting person was granted 10,624 restricted stock units ("RSUs"), 5,312 of which will vest on each of 12/10/11 and 12/10/12. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. /s/ David Ritenour as Attorney-in-Fact for Marcela Perez de Alonso 2010-12-14