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KALTURA INC Director's Dealing 2021

Jul 22, 2021

33624_dirs_2021-07-21_baeb641b-3e67-4d79-b82d-42bf3c40731c.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: KALTURA INC (KLTR)
CIK: 0001432133
Period of Report: 2021-07-21

Reporting Person: .406 Ventures I GP, LLC (10% Owner)
Reporting Person: Point 406 Ventures I, L.P. (Director)
Reporting Person: Point 406 Ventures I-A, L.P. (Director)
Reporting Person: Point203X2SPV, LLC (Director)
Reporting Person: .406 Ventures I GP, L.P. (Director)
Reporting Person: CIRINO MARIA (Director)
Reporting Person: LIAM DONOHUE (Director)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series B Convertible Preferred Stock $ Common Stock (10359967.0) Indirect
Series B Convertible Preferred Stock $ Common Stock (50440.0) Indirect
Series C Convertible Preferred Stock $ Common Stock (2637679.0) Indirect
Series C Convertible Preferred Stock $ Common Stock (12843.0) Indirect
Series D Convertible Preferred Stock $ Common Stock (2940583.0) Indirect
Series D Convertible Preferred Stock $ Common Stock (14386.0) Indirect
Series E Convertible Preferred Stock $ Common Stock (573556.0) Indirect
Series E Convertible Preferred Stock $ Common Stock (2794.0) Indirect
Series E Convertible Preferred Stock $ Common Stock (975375.0) Indirect

Footnotes

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").