SEC Form 3

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 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Heyman Stephen J (Last) (First) (Middle) 15 EAST 5TH STREET, SUITE 3200 (Street) TULSA OK 74103 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/11/2010	3. Issuer Name and Ticker or Trading Symbol OSTEOTECH INC [ OSTE ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

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	544,912	I	See Footnote(1)

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: 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

1. Name and Address of Reporting Person* Heyman Stephen J (Last) (First) (Middle) 15 EAST 5TH STREET, SUITE 3200 (Street) TULSA OK 74103 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Boston Avenue Capital LLC (Last) (First) (Middle) 15 EAST 5TH STREET, SUITE 3200 (Street) TULSA OK 74103 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Adelson James F (Last) (First) (Middle) 15 EAST 5TH STREET, SUITE 3200 (Street) TULSA OK 74103 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Gillman Charles M (Last) (First) (Middle) 15 EAST 5TH STREET SUITE 2660 (Street) TULSA OK 74103 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. The shares reported on this Form 3 consist of the 544,912 shares of common stock of Osteotech, Inc., owned by Boston Avenue Capital LLC ("BAC") as of January 11, 2010.

Remarks:

This is a joint filing with Mr. Stephen J. Heyman as the designated filer. Also included in this filing are BAC, and Messrs. James F. Adelson and Charles M. Gillman (together with Mr. Heyman, the "Reporting Persons"). BAC has sole direct voting and dispositive power over the reported securities. Messrs. Heyman and Adelson are the sole managers of BAC. Messrs. Heyman and Adelson disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein. Mr. Gillman is the portfolio manager for BAC. Mr. Gillman has the right to vote the investments held by BAC, and may be deemed to be the beneficial owner of the reported securities. BAC and Mr. Gillman are members of a "group" for the purpose of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, owning more than 10% of the outstanding shares of common stock of Osteotech, Inc., as described in a Schedule 13D filed with the Securities and Exchange Commission on January 11, 2010.

	Paula L. Skidmore, Attorney-in-Fact for each of the Reporting Persons	01/21/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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