Yaron Garmazi - 08 Dec 2021 Form 4 Insider Report for KALTURA INC (KLTR)

Role: CHIEF FINENCIAL OFFICER
Signature: By: /s/ Byron Kahr, Attorney-in-Fact for Yaron Garmazi
Issuer symbol: KLTR
Transactions as of: 08 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 10 Dec 2021, 16:01:41 UTC
Previous filing: 21 Jul 2021
Next filing: 17 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KLTR	Common Stock	Award		+121,289			121,289	08 Dec 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KLTR	Employee Stock Option (Right to Buy)	Award	$0	+194,157		$0.000000	194,157	08 Dec 2021	Common Stock	194,157	$4.38	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of common stock ("Common Stock") of Kaltura, Inc. (the "Company"). The RSUs vest in quarterly installments over a three-year period with the first quarterly vesting date on March 1, 2022, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
F2	The Reporting Person was granted an option to purchase 194,157 shares of Common Stock. The options vest in quarterly installments over a three-year period with the first quarterly vesting date on March 1, 2022, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.

Content

The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of common stock ("Common Stock") of Kaltura, Inc. (the "Company"). The RSUs vest in quarterly installments over a three-year period with the first quarterly vesting date on March 1, 2022, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.

The Reporting Person was granted an option to purchase 194,157 shares of Common Stock. The options vest in quarterly installments over a three-year period with the first quarterly vesting date on March 1, 2022, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.