X0304 4 2011-12-23 0 0000758938 QUALSTAR CORP QBAK 0000009235 BKF CAPITAL GROUP INC 225 N.E. MIZNER BOULEVARD, SUITE 400 BOCA RATON FL 33432 0 0 1 0 0001000383 BRONSON STEVEN N 0 0 1 0 Common Stock 2011-12-23 4 P 0 379 1.896 A 1804167 D Common Stock 2011-12-27 4 P 0 10065 1.8999 A 1814232 D Common Stock 2011-12-28 4 P 0 1097 1.88 A 1815329 D These shares of Qualstar Corp. (Qualstar) were purchased by BKF Capital Group, Inc. (BKF Capital) in an open market transaction. BKF Capital is the owner of 1,746,467 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 1,756,532 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 1,757,629 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. Steven N. Bronson, President 2011-12-28 Steven N. Bronson 2011-12-28