U.S. GOLD CORP. — Director's Dealing 2004

Sep 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2004-09-15

Reporting Person: TARANTINO ROBERT V (Director, President and CEO, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-15	Options (9/15/2004)	$6.75	A	12000	Acquired	2009-09-15	Common Stock, $1.00 Par Value (12000)	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, the Reporting Person holds options to purchase 300,000 shares at $2.8125 a share, which are presently exercisable and which expire on 11/18/2007. The Reporting Person holds options to purchase 12,800 shares at $7.98 a share, of which 6,400 shares are presently exercisable and 3,200 shares each become exercisable on 11/26/2004 and 11/16/2005. These options expire on 11/26/2011. The Reporting Person holds options to purchase 12,800 shares at $2.99 a share, of which 3,200 shares are presently exercisable and 3,200 shares each become exercisable on 11/18/2004, 9/18/2005 and 9/18/2006. This option expires on 9/18/2012.

F3: In addition, the Reporting Person holds options to purchase 12,000 shares at $4.09 a share, of which 3,000 shares each become exercisable on 9/18/2004, 9/18/2005, 9/18/2006 and 9/18/2007. These options expire on 9/18/2013.