SEC FORM 3

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^*

Kiral Richard M

(Last)

(First)

(Middle)

25505 NOTTINGHAM COURT

(Street)

LAGUNA HILLS

92653

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/15/2010

3. Issuer Name and Ticker or Trading Symbol
OXYGEN BIOTHERAPEUTICS, INC. [ OXBT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & COO

5. If Amendment, Date of 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

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	67	D

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Incentive Stock Option	10/13/1999	11/19/2010	Common Stock	6,667	$2.25	D
Incentive Stock Option	02/01/2000	02/01/2010	Common Stock	5,000	$1.8	D
Incentive Stock Option	04/20/2001	04/20/2011	Common Stock	6,667	$3.075	D
Incentive Stock Option	04/20/2001	04/20/2011	Common Stock	10,000	$3.075	D
Incentive Stock Option	02/01/2002	02/01/2012	Common Stock	5,000	$4.5	D
Incentive Stock Option	02/01/2003	02/01/2013	Common Stock	5,000	$2.25	D
Incentive Stock Option	03/01/2004	03/01/2014	Common Stock	5,000	$2.25	D
Incentive Stock Option	02/01/2005	02/01/2015	Common Stock	5,000	$3.6	D
Incentive Stock Option	03/28/2006	03/28/2016	Common Stock	5,000	$1.35	D
Incentive Stock Option	03/09/2007	03/09/2017	Common Stock	5,000	$1.8	D
Incentive Stock Option	01/09/2008	01/09/2018	Common Stock	10,000	$4.2	D
Incentive Stock Option	04/01/2008	04/01/2018	Common Stock	1,334	$12.75	D
Incentive Stock Option	05/01/2008	05/01/2018	Common Stock	6,667	$2.25	D
Incentive Stock Option	06/01/2008	06/01/2018	Common Stock	5,000	$1.8	D
Incentive Stock Option	07/01/2008	07/01/2018	Common Stock	6,667	$3.075	D
Incentive Stock Option	08/01/2008	08/01/2018	Common Stock	10,000	$3.075	D
Incentive Stock Option	09/01/2008	10/01/2018	Common Stock	5,000	$4.5	D
Incentive Stock Option	10/01/2008	11/01/2018	Common Stock	5,000	$2.25	D
Incentive Stock Option	11/01/2008	11/01/2018	Common Stock	5,000	$2.25	D
Incentive Stock Option	01/01/2009	12/01/2018	Common Stock	5,000	$3.6	D
Incentive Stock Option	01/01/2009	01/01/2019	Common Stock	5,000	$1.35	D
Incentive Stock Option	02/02/2009	01/09/2019	Common Stock	5,000	$1.8	D
Incentive Stock Option	02/02/2009	02/02/2019	Common Stock	10,000	$4.2	D
Incentive Stock Option	03/01/2009	03/01/2019	Common Stock	1,334	$12.75	D
Incentive Stock Option	04/01/2009	04/01/2019	Common Stock	1,334	$3.45	D
Incentive Stock Option	05/01/2009	05/01/2019	Common Stock	1,334	$3.3	D
Incentive Stock Option	06/01/2009	06/01/2019	Common Stock	1,334	$3.525	D
Incentive Stock Option	07/01/2009	07/01/2019	Common Stock	1,334	$3.78	D
Incentive Stock Option	08/01/2009	08/01/2019	Common Stock	1,334	$6	D
Incentive Stock Option	09/01/2009	09/01/2019	Common Stock	1,334	$6.375	D

Explanation of Responses:

Remarks:

This is form one of two for Richard Kiral

	/s/ Richard M. Kiral	01/19/2010
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.