SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Yekutiel Ron (Last) (First) (Middle) C/O KALTURA, INC., 250 PARK AVENUE SOUTH 10TH FLOOR (Street) NEW YORK NY 10003 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/21/2021	3. Issuer Name and Ticker or Trading Symbol KALTURA INC [ KLTR ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) CHIEF EXECUTIVE OFFICER	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,785,030	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock option (Right to Buy)	(1)	07/24/2022	Common Stock	170,626	$0.08	D
Employee Stock option (Right to Buy)	(1)	10/15/2023	Common Stock	1,522,773	$0.17	D
Employee Stock option (Right to Buy)	(1)	08/14/2028	Common Stock	760,500	$1.58	D
Employee Stock option (Right to Buy)	(1)	08/14/2028	Common Stock	459,000	$1.58	D
Employee Stock option (Right to Buy)	(2)	12/23/2030	Common Stock	3,150,000	$4.99	D
Employee Stock option (Right to Buy)	(3)	12/23/2030	Common Stock	3,150,000	$13.34	D

Explanation of Responses:

1. The option is fully vested and exercisable.

2. 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 the applicable vesting dates.

3. The option vests and becomes exercisable, if at all, in four increments of 787,500 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.

	/s/ Byron Kahr, Attorney-in-Fact	07/21/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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