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MIND TECHNOLOGY, INC Director's Dealing 2011

Apr 21, 2011

34449_dirs_2011-04-21_855dfc76-738e-4be0-a0ac-287a4a2b9044.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: 2011-04-20

Reporting Person: LEWIS R DEAN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-20 MII Common Stock A 5292 $8.98 Acquired 17792 Direct
2011-04-20 MII Common Stock S 5292 $16.00 Disposed 12500 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-20 Options to Purchase Common Stock $8.98 M 5292 Disposed 2015-07-21 MII Common Stock (5292) Direct