Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN 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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1. Name and Address of Reporting Person *
KINGSLEY ALFRED D
2. Issuer Name and Ticker or Trading Symbol
BIOTIME INC [BTIM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

150 E. 57TH STREET
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2009
(Street)


NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Shares, no par value 12/15/2009(1)   G 18,000 D $ (1) 4,935,432 (2) D  
Common Shares, no par value             2,066,185 I By Greenbelt Corp.
Common Shares, no par value             550,287 I By Greenway Partners, LP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant to Purchase Common Shares $ 2           01/21/2004 10/31/2010 Common Shares
822,632
  822,632
D
 
Warrant to Purchase Common Shares $ 2           12/21/2005 10/31/2010 Common Shares
1,448,057
  1,448,057
D
 
Warrant to Purchase Common Shares $ 2           08/20/2009 10/31/2010 Common Shares
7,500
  7,500
D
 
Option to Purchase Common Shares $ 2.3             (3) 07/01/2014 Common Shares
50,000
  50,000
D
 
Warrant to Purchase Common Shares $ 2           01/21/2004 10/31/2010 Common Shares
72,604
  72,604
I
By Greenbelt Corp.
Warrant to Purchase Common Shares $ 2           12/21/2005 10/31/2010 Common Shares
262,028
  262,028
I
By Greenbelt Corp.
Warrant to Purchase Common Shares $ 2           08/20/2009 10/31/2010 Common Shares
3,000
  3,000
I
By Greenbelt Corp.
Warrant to Purchase Common Shares $ 2             (4) 10/31/2010 Common Shares
347,580
  347,580
I
By Greenway Partners, LP
Warrant to Purchase Common Shares $ 2           08/20/2009 10/31/2010 Common Shares
6,125
  6,125
I
By Greenway Partners, LP

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KINGSLEY ALFRED D
150 E. 57TH STREET
NEW YORK, NY 10022
  X   X    

Signatures

/s/ Alfred D. Kingsley 02/15/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) During December 2009, Mr. Kingsley gifted a total of 18,000 shares.
(2) Does not include shares that Mr. Kingsley may acquire through the exercise of warrants and options.
(3) 12,500 options became exercisable on September 30, 2009; 12,500 options became exercisable on December 31, 2009; and the remaining 25,000 options will become exercisable in 2 equal quarterly installments based upon continued service on the board of directors.
(4) Exercisable on issuance.

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