X0303 4 2011-03-23 0 0001282648 RAM ENERGY RESOURCES INC RAME 0001362575 MARSHALL GERALD R 5100 E. SKELLY DRIVE, STE 650 TULSA OK 74135 1 0 0 0 Common Stock 2011-03-23 4 S 0 8300 1.80 D 106346 D Common Stock 2011-03-23 4 S 0 300 1.795 D 106046 D Common Stock 2011-03-23 4 S 0 5800 1.79 D 100240 D Common Stock 2011-03-23 4 S 0 1200 1.78 D 99046 D Common Stock 2011-03-23 4 S 0 200 1.775 D 98846 D Common Stock 2011-03-23 4 S 0 100 1.773 D 98746 D Common Stock 2011-03-23 4 S 0 100 1.771 D 98646 D Common Stock 2011-03-23 4 S 0 17300 1.77 D 81346 D Common Stock 2011-03-23 4 S 0 11700 1.76 D 69646 D Common Stock 2011-03-23 4 P 0 40000 1.72 A 109646 D Common Stock 2011-03-24 4 P 0 5000 1.95 A 114646 D The reporting person's purchases and sales on March 23, 2011 resulted in short-swing profits to the reporting person. The reporting perosn has paid all of the short-swing profits to the Company as required by Section 16(b) of the Securities Exchange Act of 1934. Gerald R. Marshall 2011-04-01