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FORM 5
[ ] Check box if no longer subject to Section 16
Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
CADY ROGER C.
(Last) (First) (Middle)
Arcadia Associates
55 Stratham Heights Road, Stratham, NH 03885
(Street) (City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dataram Corporation - DTM (AMEX)
3. IRS or Social Security Number of Reporting Person
(Voluntary)
Not furnished
4. Statement for Month/Year
Fiscal Year Ended April 30, 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (Specify below)
_____________________________________
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<TABLE>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
5. Amount
4. Securities of Securi-
Acquired (A) or ties Bene- 6. Owner-
Disposed of (D) ficially ship Form: 7. Nature of
(Instr. 3, 4 & 5) Owned at Direct(D) Indirect
2. Trans- 3. Trans- ___________________ End of or Indirect Beneficial
1. Title of Transaction action (A) or Issuer's (I) Ownership
Security Date Code Amount (D) Price Fiscal Year (Instr. 4) (Instr. 4)
(Instr. 3) (Mo./day/yr.) (Instr. 8) (Instr. 3&4)
_________________ ___________ ________ ______ _____ _____ ________ ___________ _________
<S> <C> <S> <C> <C> <S>
Common Stock,
$1.00 Par Value
/TABLE
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<TABLE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
9.
Number
5. Number 7. Title of
of Deriv- 6. Date and Amount Deriv- 10. Own-
ative Sec- Exercisable of Under- ative ership
urities & Expiration lying Sec- Secur- Form of 11.
Acquired Date urities (In- ities Deriva- Nature
4. Trans- (A) or (Mo./day/yr.)str. 3 & 4) 8. Benefi- tive Sec- of In-
2. Conver- action Disposed _____________ _____________ Price cially urity: direct
sion or 3. Trans- Code of (D) Amount of Owned Direct(D) Bene-
1. Title of Exercise action (Instr. 8) (Instr. 3, or Deriv- at End or In- ficial
Derivative Price of Date) 4 and 5) Date Expir- Number ative of direct(I) Owner-
Security Derivative (Month/ ____________________ Exer- ation of Security Year (Instr. ) ship
(Instr. 3) Security day/yr.) Code V (A) (D) cisable Date Title Shares (Instr. (Instr. 4) (Instr.
5) 4) 4)
____________ _________ ________ ____ _ ______ ____ _______ _____ _____ ______ ________ _______ _________ _______
<S> <C> <S> <C> <S> <C> <S>
Options 6 15/16 9/10/96 A(1) 30,000 - 9/06 Common 30,000 (1) 30,000 D
Stock
Explanation of Responses:
(1) Director's Stock Options granted to Reporting Person. Twenty percent become first exercisable on each anniversary
of the grant date commencing on the first anniversary.
</TABLE>
ROGER C. CADY August 28, 1996
__________________________ __________________
Roger C. Cady
**Signature of Reporting Date
Person
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
