<SUBMISSION>
<ACCESSION-NUMBER>0001437749-15-004953
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20150310
<FILING-DATE>20150312
<DATE-OF-FILING-DATE-CHANGE>20150312
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>QUALSTAR CORP
<CIK>0000758938
<ASSIGNED-SIC>3695
<IRS-NUMBER>953927330
<STATE-OF-INCORPORATION>CA
<FISCAL-YEAR-END>0630
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>3990-B HERITAGE OAK COURT
<CITY>SIMI VALLEY
<STATE>CA
<ZIP>93063
<PHONE>805-583-7744
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>3990-B HERITAGE OAK COURT
<CITY>SIMI VALLEY
<STATE>CA
<ZIP>93063
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>BRONSON STEVEN N
<CIK>0001000383
<STATE-OF-INCORPORATION>FL
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-35810
<FILM-NUMBER>15697330
</FILING-VALUES>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>BKF Asset Holdings, Inc.
<CIK>0001626686
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-35810
<FILM-NUMBER>15697331
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>3990-B HERITAGE OAK COURT
<CITY>SIMI VALLEY
<STATE>CA
<ZIP>93063
<PHONE>805-416-7000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>3990-B HERITAGE OAK COURT
<CITY>SIMI VALLEY
<STATE>CA
<ZIP>93063
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>BKF CAPITAL GROUP INC
<CIK>0000009235
<ASSIGNED-SIC>6282
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-35810
<FILM-NUMBER>15697332
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>225 N.E. MIZNER BOULEVARD, SUITE 400
<CITY>BOCA RATON
<STATE>FL
<ZIP>33432
<PHONE>561 362-4199
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>225 N.E. MIZNER BOULEVARD, SUITE 400
<CITY>BOCA RATON
<STATE>FL
<ZIP>33432
</MAIL-ADDRESS>
<FORMER-NAME>
<FORMER-CONFORMED-NAME>BAKER FENTRESS & CO
<DATE-CHANGED>19970829
</FORMER-NAME>
<FORMER-NAME>
<FORMER-CONFORMED-NAME>BAKER FENTRESS & CO ET AL
<DATE-CHANGED>19940714
</FORMER-NAME>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2015-03-10</periodOfReport>

    <issuer>
        <issuerCik>0000758938</issuerCik>
        <issuerName>QUALSTAR CORP</issuerName>
        <issuerTradingSymbol>QBAK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001000383</rptOwnerCik>
            <rptOwnerName>BRONSON STEVEN N</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>31248 OAK CREST DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 120</rptOwnerStreet2>
            <rptOwnerCity>WEST LAKE VILLAGE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91361</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <officerTitle>CEO and President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000009235</rptOwnerCik>
            <rptOwnerName>BKF CAPITAL GROUP INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3990-B HERITAGE OAK CT.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SIMI VALLEY</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>93063</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>1</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001626686</rptOwnerCik>
            <rptOwnerName>BKF Asset Holdings, Inc.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3990-B HERITAGE OAK CT.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SIMI VALLEY</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>93063</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isTenPercentOwner>1</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2015-03-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1024</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.47</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3135350</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2015-03-11</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5810</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.47</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3141160</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2015-03-12</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>12415</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.50120</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3153575</value>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares of Qualstar Corporation (Qualstar) were purchased by BKF Asset Holdings, Inc. (BKF Holdings) in open market transactions. BKF Holdings is a wholly owned subsidiary of BKF Capital Group, Inc. (BKF Capital).</footnote>
        <footnote id="F2">BKF Capital may be deemed the beneficial owner of 3,077,650 shares of Qualstar, consisting of 1,500,000 shares owned directly by BKF Capital, and an additional 1,577,650 shares owned through BKF Holdings. Steven N. Bronson, as the Chairman, CEO and majority shareholder of BKF Capital, may be deemed to be the beneficial owner of the shares of Qualstar held by BKF Capital.  Mr. Bronson is the owner of an additional 57,700 shares of Qualstar.</footnote>
        <footnote id="F3">BKF Capital may be deemed the beneficial owner of 3,083,460 shares of Qualstar, consisting of 1,500,000 shares owned directly by BKF Capital, and an additional 1,583,460 shares owned through BKF Holdings. Steven N. Bronson, as the Chairman, CEO and majority shareholder of BKF Capital, may be deemed to be the beneficial owner of the shares of Qualstar held by BKF Capital.  Mr. Bronson is the owner of an additional 57,700 shares of Qualstar.</footnote>
        <footnote id="F4">BKF Capital may be deemed the beneficial owner of 3,095,875 shares of Qualstar, consisting of 1,500,000 shares owned directly by BKF Capital, and an additional 1,595,875 shares owned through BKF Holdings. Steven N. Bronson, as the Chairman, CEO and majority shareholder of BKF Capital, may be deemed to be the beneficial owner of the shares of Qualstar held by BKF Capital.  Mr. Bronson is the owner of an additional 57,700 shares of Qualstar.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Steven N. Bronson</signatureName>
        <signatureDate>2015-03-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Steven N. Bronson, CEO, BKF Capital Group, Inc.</signatureName>
        <signatureDate>2015-03-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Steven N. Bronson, CEO, BKF Asset Holdings, Inc.</signatureName>
        <signatureDate>2015-03-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
