X0303 4 2011-01-15 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 2011-01-15 4 M 0 5552 46.25 A 10569 D Common Stock 2011-01-15 4 F 0 2113 46.25 D 8456 D Common Stock 2011-01-18 4 M 0 12500 42.27 A 20956 D Common Stock 2011-01-18 4 S 0 12500 46.15 D 8456 D Common Stock 46623 I Merrill Lynch Joint Account Employee Stk Option (right to buy) 42.27 2011-01-18 4 M 0 12500 0 D 2008-01-18 2015-01-18 Common Stock 12500 0 D Restricted Stock Units 2011-01-15 4 M 0 5552 D Common Stock 5552 0 D Restricted Stock Units 2010-12-30 4 A 0 8.5471 A Common Stock 8.5471 4553.5471 D Restricted Stock Units 2010-12-30 4 A 0 20.1117 A Common Stock 20.1117 10644.1117 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. This option became exercisable in four equal annual installments beginning on this date. 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 vested on 01/15/10, and 5,470 of which vested on 01/15/11. 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 10.3549 vested dividend equivalent rights at $42.26 per RSU credited to the reporting person's account on 12/30/10, and a deminimus adjustment of 0.9590 due to fractional rounding of the dividend equivalent rights. 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 beneficially owned in column 9 includes 8.5471 dividend equivalent rights at $42.26 per RSU credited to the reporting person's account on 12/30/10. As previously reported, 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. The number of derivative securities beneficially owned in column 9 includes 20.1117 dividend equivalent rights at $42.26 per RSU credited to the reporting person's account on 12/30/10. /s/ David Ritenour as Attorney-in-Fact for Marcela Perez de Alonso 2011-01-19