U.S. GOLD CORP. — Director's Dealing 2003

Sep 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2003-09-18

Reporting Person: TUCKER HUGH F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-18	Options	$4.09	A	8200	Acquired	2013-09-18	Common Stock, $1.00 Par Value (8200)	Direct

Footnotes

F1: Options were granted to the reporting person in consideration of his service as an executive officer of the Company. Options were granted at an exercise price equal to the fair market value of the Common Stock on the date of grant.

F2: In addition, Mr. Tucker was granted an option to purchase 54,000 shares exercisable at $2.3125, which is fully exercisable and expires on 9/10/2006. Also, he was granted an option to purchase 8,200 shares exercisable at $2.99, of which 2,050 shares are presently exercisable, 2,050 become exercisable on 9/18/2004, 2,050 shares become exercisable on 9/18/2005 and 2,050 shares become exercisable on 9/18/2006. This option expires on 09/18/2012. Also, the reporting person was granted an option to purchase 8,200 shares at $7.98 of which 2,050 shares are presently exercisable and 2,050 shares will become first exercisable on 11/26/2003, 2,050 shares on 11/26/2004 and 2,050 shares on 11/26/2005. This option expires on 11/26/2011.