Narendra Gupta - Jul 21, 2021 Form 3 Insider Report for KALTURA INC (KLTR)

Signature
By: /s/ Byron Kahr, Attorney-in-Fact
Stock symbol
KLTR
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
3
Date filed
7/21/2021, 08:08 PM
Previous filing
Jun 3, 2021
Next filing
Jul 27, 2021

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
holding KLTR Series C Convertible Preferred Stock Jul 21, 2021 Common Stock 8.84M See footnote F1, F2
holding KLTR Series D Convertible Preferred Stock Jul 21, 2021 Common Stock 6.33M See footnote F1, F2
holding KLTR Series E Convertible Preferred Stock Jul 21, 2021 Common Stock 887K See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Series C, Series D and Series E convertible preferred stock (collectively, the "Convertible Preferred Stock") have no expiration date and are convertible, at the option of the holder, into shares of the Issuer's common stock at the then-effective conversion rate for no additional consideration. Immediately prior to the closing of the Issuer's initial public offering, each share of Convertible Preferred Stock will automatically convert into 4.5 shares of the Issuer's common stock.
F2 Represents securities held by Nexus India Capital II, L.P. ("Nexus Capital"). Nexus India Management II, L.P. ("Nexus Management") is the general partner of Nexus Capital. The general partner of Nexus Management is Nexus India Master Management I, Ltd. ("Nexus Master"). The Reporting Person holds sole voting and investment power in Nexus Master and, as a result, may be deemed to hold sole voting and investment power over the shares held by Nexus Capital. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

Remarks:

Exhibit 24 Power of Attorney