Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Gordon Mark
2. Date of Event Requiring Statement (Month/Day/Year)
01/02/2007
3. Issuer Name and Ticker or Trading Symbol
ODYSSEY MARINE EXPLORATION INC [OMR]
(Last)
(First)
(Middle)
5215 WEST LAUREL STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP-Sales & Marketing
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

TAMPA, FL 33607
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 10,742
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy)   (1) 01/02/2013 Common Stock 100,000 $ 5 D  
Stock Options (Right to Buy)   (2) 01/02/2012 Common Stock 100,000 $ 3.5 D  
Stock Options (Right to Buy) 01/01/2007 01/12/2012 Common Stock 25,000 $ 5 D  
Stock Options (Right to Buy)   (3) 01/12/2010 Common Stock 10,000 $ 4 D  
Stock Options (Right to Buy)   (4) 12/13/2010 Common Stock 15,000 $ 3.5 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gordon Mark
5215 WEST LAUREL STREET
TAMPA, FL 33607
      EVP-Sales & Marketing  

Signatures

/s/ Mark Gordon 01/11/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The options vest as to one-fifth of the options on each of December 31, 2007; December 31, 2008; December 31, 2009; December 31, 2010; and December 31, 2011.
(2) The options vest as to one-fourth of the options on each of December 31, 2007; December 31, 2008; December 31, 2009; and December 31, 2010.
(3) The options are currently vested as to 5,000 shares and will vest as to an additional 2,500 shares each on July 12, 2007 and January 12, 2008.
(4) The options vest as to one-fourth of the options on each of June 30, 2007; December 31, 2007; June 30, 2008; and December 31, 2008.

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