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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
758938	Qualstar Corp	QBAK	Magnetic & Optical Recording Media (3695)	953927330

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
9235	Bkf Capital Group Inc	225 N.e. Mizner Boulevard, Suite 400 Boca Raton FL 33432		No	No	Yes	No
1000383	N Steven Bronson			No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-01-20	7,448	$1.89	1,834,238	No	4	P	Direct
Commmon Stock	Acquisiton	2012-01-24	6,140	$1.90	1,840,378	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Footnotes

These shares of Qualstar Corp. (Qualstar) were purchased by BKF Capital Group, Inc. in an open market transaction.
BKF Capital is the owner of 1,776,538 shares of Qualstar. Steven N. Bronson as the Chairman and President of BKF Capital may be deemed to be the beneficial owner of the shares of Qualstar held by BKF Capital. Mr. Bronson as the sole owner of BA Value Investors, LLC is the beneficial owner of an additional 57,700 shares of Qualstar held by BA Value Investors, LLC.
BKF Captial is the owner of 1,782,678 shares of Qualstar. Steven N. Bronson as the Chairman and President of BKF Capital may be deemed to be the beneficial owner of the shares of Qualstar held by BKF Capital. Mr. Bronson as the sole owner of BA Value Investors, LLC is the beneficial owner of an additional 57,700 shares of Qualstar held by BA Value Investors, LLC.