Sec Form 4 Filing - Hyatt Joel Z @ HEWLETT PACKARD CO - 2010-04-19

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hyatt Joel Z
2. Issuer Name and Ticker or Trading Symbol
HEWLETT PACKARD CO [ HPQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET
3. Date of Earliest Transaction (MM/DD/YY)
04/19/2010
(Street)
PALO ALTO, CA94304
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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)
Code V Amount (A) or (D) Price
Common Stock 04/20/2010 M 7,266.5277 ( 1 ) ( 2 ) A $ 0 16,784.1247 D
Common Stock 100 ( 3 ) I By Hyatt Irrevocable Trust f/b/o Jared Z. Hyatt
Common Stock 100 ( 3 ) I By Hyatt Irrevocable Trust f/b/o Zachary R. Hyatt
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 4 ) 04/19/2010 A 5,127 ( 5 ) 04/19/2011( 5 ) 04/20/2020( 5 ) Common Stock 5,127 $ 0 ( 5 ) 5,127 D
Restricted Stock Units ( 4 ) 07/01/2009 A 49.1714 ( 6 ) 04/20/2010( 6 ) 04/20/2019( 6 ) Common Stock 49.1714 $ 0 ( 6 ) 7,258.1714 D
Restricted Stock Units ( 4 ) 04/20/2010 M 7,258.1714 ( 6 ) 04/20/2010( 6 ) 04/20/2019( 6 ) Common Stock 7,258.1714 $ 0 ( 6 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hyatt Joel Z
C/O HEWLETT-PACKARD COMPANY
3000 HANOVER STREET
PALO ALTO, CA94304
X
Signatures
/s/ David Ritenour as Attorney-in-Fact for Joel Z. Hyatt 04/21/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The amount reported reflects a deminimus adjustment of shares due to the rounding and prior reporting of fractional shares.
( 2 )The 7,265.69916 includes the acquisition of 7.527358 on 07/07/2009; 0.000215 shares on 10/13/2009; and 0.000190 shares on 0/11/2010, all of which shares were received in lieu of cash under the Hewlett-Packard Company Dividend Reinvestment/Stock Purchase Plan in a transaction exempt under Rule 16b-3.
( 3 )The Reporting Person disclaims beneficial ownership of these securities. The filing of this report is not an admission that the reporting person has beneficial ownership of the securities for purposes of Section 16 or for any other purposes. There is no reportable change since the last filing, this is only a reiteration of holdings.
( 4 )Each restricted stock unit represents a contingent right to receive one share of HP common stock.
( 5 )On 04/19/10 the Reporting Person was granted 5,127 restricted stock units ("RSUs"), all which will cliff vest on 04/19/11. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.
( 6 )As previously reported, on 04/20/09 the Reporting Person was granted 7,209 restricted stock units ("RSUs"). Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 49.1714 dividend equivalent rights being reported reflect 14.9100 dividend equivalent rights at $38.68 per RSU credited to the Reporting Person's account on 07/01/09; 12.3866 dividend equivalent rights at $45.96 per RSU credited to the Reporting Person's account on 10/07/09; 11.0525 dividend equivalent rights at $52.18 per RSU credited to the Reporting Person's account on 01/06/10; and 10.8223 dividend equivalent rights at $53.29 per RSU credited to the Reporting Person's account on 04/07/10. These RSUs cliff vested on 04/20/10, at which time the vested shares were delivered to the Reporting Person.

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