GEOSPACE TECHNOLOGIES CORP — Director's Dealing 2008

Dec 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OYO GEOSPACE CORP (OYOG)
CIK: 0001001115
Period of Report: 2008-12-05

Reporting Person: OWENS GARY D (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-12-05	Options (right to buy)	$17.56	A	35000	Acquired	2018-12-05	Common Stock (35000)	Direct

Footnotes

F1: These options will vest in four equal annual installments beginning December 5, 2009 and will be fully vested on December 5, 2012.

F2: Includes options to purchase shares of common stock, par value $.01 per share, of OYO Geospace Corporation having varying exercise dates, expiration dates and exercise prices.