Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
LESJAK CATHERINE A
  2. Issuer Name and Ticker or Trading Symbol
HEWLETT PACKARD CO [HPQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & CFO
(Last)
(First)
(Middle)
C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2012
(Street)

PALO ALTO, CA 94304
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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               0 (1) D  
Common Stock               42,236 (2) I Morgan Stanley Smith Barney Joint Account with Spouse
Common Stock               306 (3) I By Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Employee Stock Option (right to buy) $ 13.83 12/06/2012   A   1,012,293   12/06/2014(4) 12/06/2020(4) Common Stock 1,012,293 $ 0 1,012,293 D  
Restricted Stock Units (5) 12/06/2012   A   108,460 (6)     (6)   (6) Common Stock 108,460 (6) 108,460 D  
Restricted Stock Units (5) 01/04/2012   A   596.1146 (7)     (7)   (7) Common Stock 596.1146 (7) 24,703.1146 D  
Restricted Stock Units (5) 01/04/2012   A   2,146.5833 (8)     (8)   (8) Common Stock 2,146.5833 (8) 88,341.9194 D  
Restricted Stock Units (5) 01/04/2012   A   1,373.2137 (9)     (9)   (9) Common Stock 1,373.2137 (9) 56,238.2137 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LESJAK CATHERINE A
C/O HEWLETT-PACKARD COMPANY
3000 HANOVER STREET
PALO ALTO, CA 94304
      EVP & CFO  

Signatures

 /s/ David Ritenour as Attorney-in-Fact for Catherine A. Lesjak   12/10/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The total direct beneficial ownership reflects a decrease of 19,490 shares due to the transfer of 19,490 shares into a joint account with the reporting person's spouse on 03/20/12.
(2) The total indirect beneficial ownership reflects an increase of 19,490 shares due to the transfer of 19,490 shares previously reported as being held directly by the reporting person into a joint account with the reporting person's spouse on 03/20/12.
(3) There is no reportable change since the last filing. This is a reiteration of holdings only.
(4) This option will vest 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date, in both cases subject to the satisfaction of certain stock price performance conditions prior to the fourth anniversary of the grant date.
(5) Each restricted stock unit represents a contingent right to receive one share of HP common stock.
(6) On 12/06/12 the reporting person was granted 108,460 restricted stock units ("RSUs"), 36,153 of which will vest on each of 12/06/13 and 12/06/14, and 36,154 of which will vest on 12/06/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.
(7) As previously reported, on 12/10/10 the reporting person was granted 47,635 restricted stock units ("RSUs"), 23,817 of which will vest on 12/10/11 and 23,818 of which will vest on 12/10/12. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 596.1146 dividend equivalent rights being reported reflect 107.3644 dividend equivalent rights at $26.62 per RSU credited to the reporting person's account on 01/04/12; 122.8736 dividend equivalent rights at $23.26 per RSU credited to the reporting person's account on 04/04/12; 155.0219 dividend equivalent rights at $20.28 per RSU credited to the reporting person's account on 07/05/12; and 210.8547 dividend equivalent rights at $14.91 per RSU credited to the reporting person's account on 10/03/12.
(8) As previously reported, on 06/27/11 the reporting person was granted 85,764 restricted stock units ("RSUs") which will vest on 06/27/15 subject to acceleration based on certain stock performance conditions. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 2,146.5833 dividend equivalent rights being reported reflect 386.6146 dividend equivalent rights at $26.62 per RSU credited to the reporting person's account on 01/04/12; 442.4626 dividend equivalent rights at $23.26 per RSU credited to the reporting person's account on 04/04/12; 558.2272 dividend equivalent rights at $20.28 per RSU credited to the reporting person's account on 07/05/12; and 759.2789 dividend equivalent rights at $14.91 per RSU credited to the reporting person's account on 10/03/12.
(9) As previously reported, on 12/12/11 the reporting person was granted 54,865 restricted stock units ("RSUs"), 18,288 of which will vest on each of 12/12/12 and 12/12/13, and 18,289 of which will vest on 12/12/14. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 1,373.2137 dividend equivalent rights being reported reflect 247.3253 dividend equivalent rights at $26.62 per RSU credited to the reporting person's account on 01/04/12; 283.0525 dividend equivalent rights at $23.26 per RSU credited to the reporting person's account on 04/04/12; 357.1095 dividend equivalent rights at $20.28 per RSU credited to the reporting person's account on 07/05/12; and 485.7264 dividend equivalent rights at $14.91 per RSU credited to the reporting person's account on 10/03/12.

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