MIND TECHNOLOGY, INC — Director's Dealing 2014

Jun 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2014-06-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-05	MII Common Stock	A	5000	$13.89	Acquired	31930	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-05	Option to Purchase Common Stock	$13.89	A	16500	Acquired	2024-06-05	MII Common Stock (16500)	Direct

Footnotes

F1: Restricted Stock vests 1/3 on 1/3 on June 5,2015, 1/3 on June 5,2016 and 1/3 on June 5,2017.

F2: Options vest 1/3 on June 5,2015, 1/3 on June 5,2016 and 1/3 on June 5,2017.