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

Apr 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2005-04-27

Reporting Person: CADY ROGER C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-04-27	Common Stock, $1.00 Par Value	M	8000	$2.99	Acquired	72700	Direct
2005-04-27	Common Stock, $1.00 Par Value	M	8000	$4.09	Acquired	80700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-04-27	Options (09/18/2002)	$2.99	M	8000	Disposed	2012-09-18	Common Stock, $1.00 Par Value (8000)	Direct
2005-04-27	Options (09/18/2003)	$4.09	M	8000	Disposed	2013-09-18	Common Stock, $1.00 Par Value (8000)	Direct

Footnotes

F1: Options were granted to the reporting person in consideration of his service as a Director 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 8,000 shares at $7.98 a share which are presently exercisable and expire on 11/26/2011. Also, the reporting person holds options to purchase 8,000 shares at $6.75 a share which become exercisable on 09/15/2005 and expire on 09/15/2009.