FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
TARANTINO ROBERT V
   2. Issuer Name and Ticker or Trading Symbol
DATARAM CORP [DRAM-NASDQ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2003
(Street)

 		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $1.00 Par Value 09/18/2003   S   13,100 D $ 4.1282 464,586 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 4.09 09/18/2003   A   12,000   09/18/2004 09/18/2013 Common Stock, $1.00 Par Value 12,000 $ 99.99 (2) 12,800 (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TARANTINO ROBERT V

 		   X   X   President and CEO  

Signatures

 ROBERT V. TARANTINO   09/19/2003
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) In addition, 17,100 shares are held indirectly by the reporting person's wife and 303,232 shares are held indirectly for the reporting person by the Issuer's 401K Plan.
(2) Option granted to employee without cost pursuant to the Issuer's option plan. Exercise price is at fair market value on the date of grant.
(3) In addition, the reporting person holds options to purchase 300,000 shares at $2.8125 a share which are currently exercisable and which expire on 11/18/2007. Also, the reporting person holds options to purchase 12,800 shares exercisable at $7.98 a share, of which 3,200 are currently exercisable and 3,200 become exercisable on 11/26/2003, 3,200 on 11/26/2004 and 3,200 on 11/16/2005. This option expires on 11/26/2011. Finally, the reporting person holds options to purchase 12,800 shares at $2.99 a share, of which 3,200 shares are currently exercisable and 3,200 shares become exercisable on 9/18/2004, 3,200 shares become exercisable on 9/18/2005 and 3,200 shares become exercisable on 9/18/2006. This option expires on 9/18/2012.

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