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MIND TECHNOLOGY, INC Director's Dealing 2009

Oct 15, 2009

34449_dirs_2009-10-15_da5731dd-3d69-4a8f-a800-c79d4013f5f3.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: 2009-10-13

Reporting Person: BLUM PETER H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-10-13 MIND Common Stock P 7300 $6.91 Acquired 274836 Direct
2009-10-14 MIND Common Stock P 1800 $6.89 Acquired 276636 Direct

Holdings (Non-Derivative)

Security Shares Ownership
MIND Common Stock 12500 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging
from $6.85 to $6.95, inclusive. The reporting person undertakes to provide to Mitcham Industries, Inc., any security holder of
Mitcham Industries,Inc.,or the staff of the Securities and Exchange Commission, upon request, full information regarding the
number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging
from $6.85 to $6.92, inclusive.

F3: Includes 6,000 shares owned by Mr. Blum's spouse and 6,500 shares owned by Mr. Blum's minor son.