KALTURA INC — Director's Dealing 2021

Jul 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KALTURA INC (KLTR)
CIK: 0001432133
Period of Report: 2021-07-23

Reporting Person: NEXUS INDIA CAPITAL II LP (10% Owner)
Reporting Person: Nexus India Management II, L.P. (10% Owner)
Reporting Person: Nexus India Master Management I, Ltd (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-23	Common Stock	C	8835079	—	Acquired	8835079	Indirect
2021-07-23	Common Stock	C	6332080	—	Acquired	15167159	Indirect
2021-07-23	Common Stock	C	886698	—	Acquired	16053857	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-23	Series C Convertible Preferred Stock	$	C	1963351	Disposed		Common Stock (8835079.0)	Indirect
2021-07-23	Series D Convertible Preferred Stock	$	C	1407129	Disposed		Common Stock (6332080.0)	Indirect
2021-07-23	Series E Convertible Preferred Stock	$	C	197044	Disposed		Common Stock (886698.0)	Indirect

Footnotes

F1: Each share of Series C, Series D and Series E convertible preferred stock automatically converted into 4.5 shares of the Issuer's common stock immediately prior to the closing of the Issuer's initial public offering (subject to the payment of cash in lieu of fractional shares in accordance with the Issuer's certificate of incorporation). No consideration was paid by the Reporting Persons in connection with such conversion. These shares had no expiration date.

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"). Narendra K. Gupta, a member of the Issuer's board of directors, 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.