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 DUNCAN JEFFREY H. (Last) (First) (Middle) 2353 Pennington Road, Trenton, NJ 08638-1113 (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) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (Specify below) Vice President - Manufacturing and Engineering _____________________________________ 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) _________________ ___________ ________ ______ _____ _____ ________ ___________ _________ Common Stock, 2,000 D $1.00 Par Value /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) ____________ _________ ________ ____ _ ______ ____ _______ _____ _____ ______ ________ _______ _________ _______ Options 6 15/16 9/10/96 A(1) 25,000 (1) 9/06 Common 25,000 (1) 25,000 D Stock 7 1/8 6/12/95 (1) 6/05 Common (1) 50,000 D Stock Explanation of Responses: (1) Incentive Stock Options granted to Reporting Person pursuant to the Registrant's Incentive Stock Option Plan. Twenty percent become first exercisable on each anniversary of the grant date commencing on the first anniversary.
JEFFREY H. DUNCAN July 8, 1996 __________________________ __________________ Jeffrey H. Duncan **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).