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FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
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*
Maddocks, Mark E.
(Last) (First) (Middle)
11 Ginger Road
(Street)
Allentown, NJ 08501
(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
December 1999
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (Specify below)
Vice President, Finance and Chief Financial Officer
____________________________________________________
7. Individual or Joint/Group Filing
(Check applicable line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
* If the Form is filed by more than one Reporting Person, see instruction
4(b)(v)
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<TABLE>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
5. Amount
3. Trans- 4. Securities of Securi-
action Acquired (A) or ties Bene- 6. Owner-
Code Disposed of (D) ficially ship Form: 7. Nature of
(Instr. 8) (Instr. 3, 4 & 5) Owned at Direct(D) Indirect
2. Trans- _________ ___________________ End of or Indirect Beneficial
1. Title of Transaction (A) or Month (I) Ownership
Security Date Code V Amount (D) Price (Inst. 3&4) (Instr. 4) (Instr. 4)
(Instr. 3) (Mo./Day/Yr.)
_________________ ___________ ____ ___ ______ _____ _____ ________ ___________ _________
<S> <C> <S> <C> <C> <S>
Common Stock,
$1.00 Par Value 12/17/99 M 25,892 A (1)
130,595 D
28,803 I By Company's
401(k) Plan
6,000 I By Wife's
_______ IRA
165,398
(1) From $2.25 to $2.81, see Table II
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
</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 Month (Instr. ) ship
(Instr. 3) Security Day/Yr.) Code V (A) (D) cisable Date Title Shares (Instr. (Instr. 4) (Instr.
5) 4) 4)
____________ _________ ________ ____ _ ______ ____ _______ _____ _____ ______ ________ _______ _________ _______
<S> <C> <C> <S> <C> <S> <C> <S>
Incentive
Stock Options 12/17/99 **
2.25 M 19,892 (1) 11/28/05 CS 19,892 ** 24,000
2.37 F 4,108 9/11/02 CS 4,108 **
2.31 M 0 (2) 9/10/06 CS ** 30,000 D
2.81 M 6,000 (3) 11/19/07 CS 6,000 ** 18,000 D
______
72,000
Explanation of Responses:
(1) Of the remaining 24,000 options, 24,000 options will become exercisable on 11/28/00.
(2) Of the remaining 30,000 options, 15,000 options will become exercisable on 9/10/00 and 15,000 more on 9/10/01.
(3) Of the remaining 18,000 options, 6,000 will become exercisable on 11/18/00,
6,000 will become exercisable on 11/18/01 and 6,000 will become exercisable on 11/18/02.
Information set forth in this report reflects a 3 for 2 split distributed in December of 1999.
** Incentive Stock Option
</TABLE>
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SIGNATURE
MARK E. MADDOCKS December ___, 1999
__________________________ _________________
Mark E. Maddocks
**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).
