SEC Form 4
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(f) of the Investment Company Act of 1940
OMB APPROVAL



OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response. . . . . 0.5
1. Name and Address of Reporting Person*
Holmberg, Larry     C.

(Last)                      (First)                      (Middle)
395 Page Mill Road, MS A3-18


(Street)
Palo Alto, CA     94306

(City)                      (State)                      (Zip)

2. Issuer Name and Ticker
    or Trading Symbol

Agilent Technologies, Inc.   (A)

3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)
4. Statement for
    (Month/Year)

    May 2002


5. If Amendment,
    Date of Original
    (Month/Year)
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

                        Director                           10% Owner
           X          Officer                             Other

Officer/Other
Description           Senior Vice President

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

X   Individual Filing
      Joint/Group Filing
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security
    (Instr. 3)

2. Transaction Date
    (Month/Day/Year)
3. Transaction
    Code
    and
    Voluntary
    Code
    (Instr. 8)



Code  |  V    
4. Securities Acquired (A) or Disposed (D) Of
    (Instr. 3, 4, and 5)





        Amount      |         A/D         |         Price          
5. Amount of
    Securities
    Beneficially
    Owned at
    End ofMonth

    (Instr. 3 and 4)
6. Owner-
    ship
    Form:
    Direct(D)
    or
    Indirect (I)

    (Instr. 4)
7. Nature of
     Indirect
     Beneficial
     Ownership

    (Instr. 4)
Common Stock
05/07/2002
A (1) | V         
  61.27   |           A           |   $25.54
1,159.62
D








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).

(over)
SEC 1474 (3-99)

Holmberg, Larry C. - May 2002
Form 4 (continued)
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. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
    Security
3. Transaction
    Date

    (Month/
    Day/
    Year)
4. Transaction
    Code
    and
    Voluntary (V)
    Code
    (Instr.8)



Code | V    
5. Number of Derivative
    Securities Acquired (A)
    or Disposed (D) Of

    (Instr. 3,4 and 5)
6. Date Exercisable(DE) and
    Expiration Date(ED)
    (Month/Day/Year)






  (DE)     |     (ED)  
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
    at End of
    Month
    (Instr.4)
10.
Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D)
or
Indirect
(I)
11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr.4)
Employee Stock Option (right to buy)
$20.70


10/01/1999 | 09/30/2006
Common Stock - 928
928
D

Employee Stock Option (right to buy)
$30.26


11/21/2000 | 11/20/2006
Common Stock - 303
303
D

Employee Stock Option (right to buy)
$26.69


11/20/2000 | 11/19/2007
Common Stock - 4,337
4,337
D

Employee Stock Option (right to buy)
$30.00


11/18/2000 | 11/17/2009
Common Stock - 25,000
25,000
D

Employee Stock Option (right to buy)
$30.00


02/12/2002 | 11/17/2009
Common Stock - 27,171
27,171
D

Employee Stock Option (right to buy)
$80.28


05/17/2003 | 05/16/2010
Common Stock - 100
100
D

Employee Stock Option (right to buy)
$39.41


11/13/2001 | 11/12/2010
Common Stock - 50,000
50,000
D

Employee Stock Option (right to buy)
$36.02


03/13/2002 | 03/12/2011
Common Stock - 10,000
10,000
D

Employee Stock Option (right to buy)
$25.67


11/26/2002 | 11/25/2011
Common Stock - 75,000
75,000
D












Explanation of Responses :


** 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.

Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB number.
By: Marie Oh Huber / Attorney-in-fact
________________________________            06-07-2002    
** Signature of Reporting Person                         Date


Power of Attorney

Page 2
SEC 1474 (3-99)

Holmberg, Larry C. - May 2002
Form 4 (continued)
FOOTNOTE Descriptions for Agilent Technologies, Inc. (A)

Form 4 - May 2002

Larry C. Holmberg
395 Page Mill Road, MS A3-18

Palo Alto, CA 94306

Explanation of responses:

(1)   Shares acquired in a qualified Employee Stock Purchase Plan under Section 423 of the Internal Revenue Code of 1986, as amended, in a transaction exempt under Rule 16b-3.
Page 3