SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.#17)
HEWLETT-PACKARD COMPANY
(Name of Issuer)
Common Stock, $1.00 par value per share
(Title of Class of Securities)
428236103
(CUSIP Number)
Check the following box if a fee is being paid with this statement
[ ]. (A fee is not required only if the filing person: (1) has
a previous statement on file reporting beneficial ownership of
more than five percent of the class of securities described in
Item 1; and (2) has filed no amendment subsequent thereto
reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a
prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to
the liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).
1 Names of Reporting Persons. S.S. or I.R.S. Identification Nos. of
Above Persons
David Packard ###-##-####
2 Check the Appropriate Box if a Member of a Group
(a) [ ]
Not Applicable (b) [ ]
3 SEC Use Only
4 Citizenship or Place of Organization
United States of America
5 Sole Voting Power
NUMBER OF 46,587,014 shares
SHARES
BENEFICIALLY
OWNED BY 6 Shared Voting Power
EACH
REPORTING 25,170,400 shares
PERSON
WITH
7 Sole Dispositive Power
46,587,014 shares
8 Shared Dispositive Power
25,170,400 shares
9 Aggregate Amount Beneficially Owned by Each Reporting Person
71,757,414 shares
10 Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares
[ ]
Not Applicable
11 Percent of Class Represented by Amount in Row (9)
14.0%
12 Type of Reporting Person
IN
__________________________________________________________________
Item 1(a). Name of Issuer:
Hewlett-Packard Company
Item 1(b). Address of Issuer's Principal Executive Offices:
3000 Hanover Street, Palo Alto, CA 94304
Item 2(a). Name of Person Filing:
David Packard
Item 2(b). Address of Principal Business Offices:
1501 Page Mill Road, Palo Alto, CA 94304
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock of $1.00 par value per share
Item 2(e). CUSIP Number:
428236103
Item 3. Type of Person Reporting under Rules 13d-1(b) or 13d-2(b):
Not applicable
Item 4. Ownership
(a) Amount Beneficially Owned: 71,757,414
(b) Percent of Class: 14.0%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
46,587,014
(ii) Shared power to vote or to direct the
vote: 25,170,400
(iii) Sole power to dispose or to direct the
disposition of: 46,587,014
(iv) Shared power to dispose or to direct the
disposition of: 25,170,400
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
Item 6. Ownership of More Than Five Percent on Behalf of
Another Person
Not Applicable
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company
Not Applicable
Item 8. Identification and Classification of Members of the
Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
Not Applicable
SIGNATURE:
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Dated: February 1, 1996
/s/DAVID PACKARD
David Packard
February 5, 1996
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: David Packard; Amendment No. 17 to Schedule 13G;
Ladies and Gentlemen:
Pursuant to Section 13(g) under the Securities Exchange Act of
1934, as amended, and the rules thereunder, I am transmitting, on
behalf of Mr. David Packard, an Amendment No. 17 to Schedule 13G
dated today's date in connection with the ownership of equity
securities of Hewlett-Packard Company.
If you have any questions or comments concerning the above, please
contact me at (415) 857-3755.
Very truly yours,
/s/ ANN O. BASKINS
Ann O. Baskins
Assistant Secretary and Managing Counsel
DATE: February 5, 1996
