MIND TECHNOLOGY, INC — Director's Dealing 2010

Jul 28, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2010-07-27

Reporting Person: LEWIS R DEAN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-27	MII Common Stock	A	2500	$7.20	Acquired	12500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-07-27	Options to Purchase Common Stock	$7.20	A	10000	Acquired	2020-07-27	MII Common Stock (10000)	Direct

Footnotes

F1: Restricted Stock vests upon grant.

F2: Options vest upon grant.