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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	Inc Group Capital Bkf	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
Common Stock	Acquisiton	2012-04-30	4,600	$1.92	2,048,486
Common Stock	Acquisiton	2012-05-02	100	$1.93	2,048,586

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

Footnotes

These shares ofQualstar Corp. (Qualstar) were purchased by BKF Capital Group, Inc. (BKF Capital) in an open market transaction.
BKF Capital owns 1,990,786 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 Capital is the owner of 1,990,886 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.