MITCHAM BILLY F JR 4

4 · MITCHAM INDUSTRIES INC · Filed Jul 12, 2011

Form 4

Period: 2011-07-08

DirectorCEO & President

Transactions

Sale
MII Common Stock
2011-07-08$19.37/sh−7,946$153,914→ 357,429 total
Sale
MII Common Stock
2011-07-11$18.78/sh−1,766$33,165→ 355,663 total
Conversion
Option to Purchase Common Stock
2011-07-08$5.00/sh−80,000$400,000→ 0 total
Exercise: $5.00Exp: 2011-07-18→ MII Common Stock (80,000 underlying)
Sale
MII Common Stock
2011-07-12$18.36/sh−70,288$1,290,488→ 285,375 total
Exercise/Conversion
MII Common Stock
2011-07-08$5.00/sh+80,000$400,000→ 365,375 total

Holdings

Footnotes (5)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.72 to $19.42, 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), (2) and (3) of 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 $18.56 to $19.20, inclusive.
[F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.14 to $18.66, inclusive.
[F4]The shares are owned by Mr. Mitcham's spouse.
[F5]Options vested 1/3 on July 18,2002, 1/3 on July 18, 2003 and 1/3 on July 18, 2004.

Documents

1 file