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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
KINGSLEY ALFRED D
  2. Issuer Name and Ticker or Trading Symbol
BIOTIME INC [BTX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
See Remarks
(Last)
(First)
(Middle)
150 E. 57TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2018
(Street)

NEW YORK, NY 10022
4. If Amendment, Date Original Filed(Month/Day/Year)
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 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 Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, no par value               5,471,555 (1) D  
Common Shares, no par value               1,043,346 I By Greenbelt Corp.
Common Shares, no par value               375,351 I By Greenway Partners, LP

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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 Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Shares $ 2.06 07/01/2018   A   70,000     (2) 06/30/2023 Common Shares 70,000 $ 0 70,000 D  
Option to Purchase Common Shares $ 3.15               (3) 06/30/2022 Common Shares 50,000   50,000 D  
Option to Purchase Common Shares $ 2.72               (4) 06/30/2021 Common Shares 50,000   50,000 D  
Option to Purchase Common Shares $ 3.57               (5) 06/30/2020 Common Shares 50,000   50,000 D  
Option to Purchase Common Shares $ 3.11               (6) 06/30/2019 Common Shares 50,000   50,000 D  

Reporting Owners

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

Signatures

 /s/Alfred D. Kingsley   07/03/2018
**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) Does not include shares that Mr. Kingsley may acquire through the exercise of certain options.
(2) Will become exercisable on June 30, 2019, based upon continued service on the board of directors.
(3) Became exercisable in four equal quarterly installments after the date of grant on July 1, 2017.
(4) Became exercisable in four equal quarterly installments after the date of grant on July 1, 2016.
(5) Became exercisable in four equal quarterly installments after the date of grant on July 1, 2015.
(6) Became exercisable in four equal quarterly installments after the date of grant on July 1, 2014.
 
Remarks:
Mr. Kingsley is Chairman of certain BioTime subsidiaries.

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