MIND TECHNOLOGY, INC — Director's Dealing 2008

Jul 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2008-07-24

Reporting Person: LEWIS R DEAN (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-24	Option to Purchase Common Stock	$16.41	A	30000	Acquired	2018-07-24	MII Common Stock (30000)	Direct

Footnotes

F1: Options vest 1/3 each year for 3 years beginning on 07/24/2009 and being fully vested on 07/24/2011.