MIND TECHNOLOGY, INC — Director's Dealing 2006

Jun 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2006-06-26

Reporting Person: CAPPS ROBERT P (EVP - Finance & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-26	Stock Option (Right to Buy)	$12.57	A	80000	Acquired	2016-06-26	Common Stock (80000)	Direct

Footnotes

F1: The option vests in four equal installments beginning on June 26, 2007.