Michal Tsur - 21 Jul 2021 Form 3 Insider Report for KALTURA INC (KLTR)

Role
Exhibit 24 Power of Attorney.; PRESIDENT, CHIEF MARKETING OFFICER AND GENERAL MANAGER, TECHNOLOGY SECTOR, 10%+ Owner
Signature
/s/ Byron Kahr, Attorney-in-Fact
Issuer symbol
KLTR
Transactions as of
21 Jul 2021
Net transactions value
$0
Form type
3
Filing time
21 Jul 2021, 20:09:31 UTC
Next filing
10 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KLTR Common Stock 4,145,463 21 Jul 2021 Direct

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 Employee Stock option (Right to Buy) 21 Jul 2021 Common Stock 170,626 $0.0800 Direct F1
holding KLTR Employee Stock option (Right to Buy) 21 Jul 2021 Common Stock 456,831 $0.1700 Direct F1
holding KLTR Employee Stock option (Right to Buy) 21 Jul 2021 Common Stock 459,000 $1.58 Direct F1
holding KLTR Employee Stock option (Right to Buy) 21 Jul 2021 Common Stock 787,500 $4.99 Direct F2
holding KLTR Employee Stock option (Right to Buy) 21 Jul 2021 Common Stock 787,500 $13.34 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is fully vested and exercisable.
F2 The option vests and becomes exercisable in twelve equal quarterly installments beginning on April 1, 2021, subject to the Reporting Person's continued service through theapplicable vesting dates.
F3 The option vests and becomes exercisable, if at all, in four increments of 196,875 shares each if the fair market value per share of the Issuer's common stock increases 50%, 100%, 150% and 200%, respectively, above the exercise price of such option.

Remarks:

Exhibit 24 Power of Attorney.; PRESIDENT, CHIEF MARKETING OFFICER AND GENERAL MANAGER, TECHNOLOGY SECTOR