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

Jun 16, 2004

33733_dirs_2004-06-16_05abe45a-d3eb-4433-babd-195e69e6db6b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2004-06-15

Reporting Person: LOUGEE ANTHONY (Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-06-15 Common Stock, $1.00 Par Value M 4000 $6 Acquired 4000 Direct
2004-06-15 Common Stock $1.00 Par Value S 1500 $9.65 Disposed 2500 Direct
2004-06-15 Common Stock, $1.00 Par Value S 890 $9.75 Disposed 1610 Direct
2004-06-16 Common Stock, $1.00 Par Value S 1610 $9.31 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2004-06-15 Options (6/9/99) $6 M 4000 Disposed 2009-06-09 common Stock, $1.00 Par Value (4000) Direct

Footnotes

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

F2: Mr. Lougee holds options to purchase 6,000 shares of common stock exercisable at $6.00 a share which are presently exercisable. These options expire on 6/9/2009. In addition Mr. Lougee holds options to purchase 2,500 shares at $7.98 a share of which 1,250 options are presently exercisable, 625 options will become exercisable on 11/26/2004 and 625 options will become execisable on 6/26/2005. These options expire on 11/26/2011.

F3: Mr. Lougee also holds options to purchase 1,875 shares exercisable at $2.99 a share of which 625 options will become exercisable on 9/18/2005 and 625 options will become exercisable on 9/18/2006. These options expire on 9/18/2012. Finally Mr. Lougee holds option to purchase 2,500 shares exercisable at 4.09 a share of which 625 options will become exercisable on 9/17/2004, 625 option will become exercisable on 9/18/2005, 625 options will become exercisable on 9/17/2006 and 625 options will become exercisable on 9/17/2007. These options expire on 9/17/2013.