.406 Ventures I GP, LLC - Jul 21, 2021 Form 3 Insider Report for KALTURA INC (KLTR)

Role
10%+ Owner
Signature
POINT 406 VENTURES I, L.P. 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, 08:11 PM
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 B Convertible Preferred Stock Jul 21, 2021 Common Stock 10.4M See footnotes F1, F2, F3
holding KLTR Series B Convertible Preferred Stock Jul 21, 2021 Common Stock 50.4K See footnotes F1, F3, F4
holding KLTR Series C Convertible Preferred Stock Jul 21, 2021 Common Stock 2.64M See footnotes F1, F2, F3
holding KLTR Series C Convertible Preferred Stock Jul 21, 2021 Common Stock 12.8K See footnotes F1, F3, F4
holding KLTR Series D Convertible Preferred Stock Jul 21, 2021 Common Stock 2.94M See footnotes F1, F2, F3
holding KLTR Series D Convertible Preferred Stock Jul 21, 2021 Common Stock 14.4K See footnotes F1, F3, F4
holding KLTR Series E Convertible Preferred Stock Jul 21, 2021 Common Stock 574K See footnotes F1, F2, F3
holding KLTR Series E Convertible Preferred Stock Jul 21, 2021 Common Stock 2.79K See footnotes F1, F3, F4
holding KLTR Series E Convertible Preferred Stock Jul 21, 2021 Common Stock 975K See footnotes F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Series B, 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 Point 406 Ventures I, L.P. ("Ventures I L.P.").
F3 .406 Ventures I GP, L.P. ("Ventures GP") is the general partner of each of Ventures I L.P. and Ventures I-A L.P. and the manager of SPV LLC. .406 Ventures I GP, LLC is the general partner of Ventures GP. Maria Cirino and Liam Donohue are the managing members of .406 Ventures I GP, LLC and, as a result, may be deemed to share voting and investment power with respect to the shares held by the Point 406 Ventures Funds. Each of the Reporting Persons disclaims beneficial ownership of the securities held by the other Reporting Persons except to the extent of such Reporting Person's pecuniary interest therein, if any.
F4 Represents securities held by Point 406 Ventures I-A, L.P. ("Ventures I-A L.P.").
F5 Represents securities held by Point203X2SPV, LLC ("SPV LLC" and, together with Ventures I L.P. and Ventures I-A L.P., the "Point 406 Ventures Funds").

Remarks:

Exhibit 24 Power of Attorney