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MIND TECHNOLOGY, INC Director's Dealing 2007

Jul 16, 2007

34449_dirs_2007-07-16_96b5aa66-3f3b-4c38-9b5e-779cedcb49f5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2007-07-12

Reporting Person: CAPPS ROBERT P (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-07-12 MII Common Stock A 2000 $20.00 Acquired 12000 Direct

Footnotes

F1: Restricted Stock vests 1/3 each year for 3 years beginning on 07/12/2008 and being fully vested on 07/12/2010.