MIND TECHNOLOGY, INC — Director's Dealing 2003

Jul 21, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2003-07-17

Reporting Person: MITCHAM BILLY F JR (Director, Chairman, CEO and Pres.)

Footnotes

F1: Mr. Mitcham indirectly owns an additional 57,594 shares of common stock, all of which are held in two trusts for the benefit of his sons.

F2: Vesting schedule is 1/3 on 07/17/04; 1/3 on 07/17/05; and 1/3 on 07/17/06.