U.S. GOLD CORP. — Director's Dealing 2005

Jun 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2005-06-02

Reporting Person: TUCKER HUGH F (Vice President, Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-02	Common Stock, $1.00 Par Value	F	19129	$6.53	Disposed	81026	Direct
2005-06-02	Common Stock, $1.00 Par Value	A	54000	$2.31	Acquired	135026	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-06-02	Options (9/10/1996)	$2.31	M	54000	Disposed	2006-09-10	Common Stock, $1.00 Par Value (54000)	Direct

Footnotes

F1: This option became exercisable in four equal annual installments beginning one year after the date of grant.

F2: 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.

F3: The Reporting Person holds options to purchase 8,200 shares at $7.98 a share, of which 6,150 shares are presently exercisable and 2,050 shares will become exercisable on 11/26/2005. These options expire on 11/26/2011. The Reporting Person holds options to purchase 8,200 shares at $2.99 a share, of which 4,100 shares are exercisable, 2,050 shares each become exercisable on 9/18/2005 and 9/18/2006. These options expire on 9/18/2012. The Reporting Person holds options to purchase 8,200 shares at $4.09 a share, of which 2,050 shares are presently exercisable and 2,050 shares each become exercisable on 9/18/2005, 9/18/2006 and 9/18/2007. These options expire on 9/18/2013.