MIND TECHNOLOGY, INC — Director's Dealing 2009

Jul 27, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2009-07-23

Reporting Person: CAPPS ROBERT P (Director, Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-23	Option to Purchase Common Stock	$4.65	A	35000	Acquired	2019-07-23	MII Common Stock (35000)	Direct

Footnotes

F1: Options vest 1/3 each year for 3 years beginning on 07/23/2010 and being fully vested on 07/23/2012.