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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

YOUNGJOHNS ROBERT 		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 and GM, HP Software
(Last)          (First)          (Middle)

C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/26/2015
(Street)

PALO ALTO, CA 94304
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   5/26/2015     M    25253   A $18.10   44023   D  
 
Common Stock   5/26/2015     S    25253   D $33.3509   (1) 18770   D  
 
Common Stock   5/26/2015     M    72632   A $17.21   91402   D  
 
Common Stock   5/26/2015     S    72632   D $33.3509   (1) 18770   D  
 
Common Stock   5/26/2015     M    19300   A $26.99   38070   D  
 
Common Stock   5/26/2015     S    19300   D $33.3509   (1) 18770   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $18.10   5/26/2015     M         25253    9/19/2013   (2) 9/19/2020   Common Stock   25253   $0   25254   D  
 
Employee Stock Option (Right to Buy)   $17.21   5/26/2015     M         72632    1/16/2014   (2) 1/16/2021   Common Stock   72632   $0   72633   D  
 
Employee Stock Option (Right to Buy)   $26.99   5/26/2015     M         19300    12/11/2014   (2) 12/11/2021   Common Stock   19300   $0   38600   D  
 
Restricted Stock Units     (3) 4/1/2015     A      213.0623   (4)        (4)   (4) Common Stock   213.0623     (4) 43975.8216   D  
 
Restricted Stock Units     (3) 4/1/2015     A      123.8019   (5)        (5)   (5) Common Stock   123.8019     (5) 25339.8019   D  
 
Restricted Stock Units     (3) 4/1/2015     A      65.7948   (6)        (6)   (6) Common Stock   65.7948     (6) 13227.6126   D  
 
Restricted Stock Units     (3) 4/1/2015     A      148.5203   (7)        (7)   (7) Common Stock   148.5203     (7) 29444.9963   D  
 
Restricted Stock Units     (3) 4/1/2015     A      164.2442   (8)        (8)   (8) Common Stock   164.2442     (8) 32413.5973   D  
 

Explanation of Responses:
( 1)  The price in Column 4 is a weighted average price. The prices actually paid ranged from $33.28 to $33.42. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.
( 2)  This option became exercisable beginning on this date.
( 3)  Each restricted stock unit represents a contingent right to receive one share of HP common stock.
( 4)  As previously reported, on 09/19/12 the reporting person was granted 125,000 restricted stock units ("RSUs"), 41,666 of which vested on 09/19/13, 41,667 of which vested on 09/19/14, and 41,667 of which will vest on 09/19/15. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 213.0623 dividend equivalent rights being reported reflect 213.0623 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
( 5)  As previously reported, on 01/16/13 the reporting person was granted 72,633 RSUs, 24,211 of which vested on each of 01/16/14 and 01/16/15, and 24,211 of which will vest on 01/16/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 123.8019 dividend equivalent rights being reported reflect 123.8019 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
( 6)  As previously reported, on 12/11/13 the reporting person was granted 19,300 RSUs, 6,433 of which vested on 12/11/14, 6,433 of which will vest on 12/11/15, and 6,434 of which will vest on 12/11/16. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 65.7948 dividend equivalent rights being reported reflect 65.7948 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
( 7)  As previously reported, on 07/17/14, the reporting person was granted 29,045 RSUs, 9,681 of which will vest on 07/17/15, and 9,682 of which will vest on each of 07/17/16 and 07/17/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 148.5203 dividend equivalent rights being reported reflect 148.5203 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.
( 8)  As previously reported, on 12/10/14 the reporting person was granted 32,120 RSUs, 10,706 of which will vest on 12/10/15, and 10,707 of which will vest on each of 12/10/16 and 12/10/17. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The 164.2442 dividend equivalent rights being reported reflect 164.2442 dividend equivalent rights at $31.29 per RSU credited to the reporting person's account on 04/01/15.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
YOUNGJOHNS ROBERT
C/O HEWLETT-PACKARD COMPANY
3000 HANOVER STREET
PALO ALTO, CA 94304

EVP and GM, HP Software

Signatures
/s/ Katie Colendich as Attorney-in-Fact for Robert Youngjohns 5/28/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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