<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
NETSCAPE COMMUNICTIONS CORPORATION
- -----------------------------------------------------------------
(Name of Issuer)
COMMON STOCK
- -----------------------------------------------------------------
(Title of Class of Securities)
641149109
- ------------------------------------------------------------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a person's
initial filing on this form with respect to the subject securities, and for any
subsequent amendment containing information which would alter the disclosures
provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 5
<PAGE>
CUSIP No. 641149109 13G Page 2 of 5
- --------------------------------------------------------------------------------
(1) Names of Reporting Persons. S.S. or I.R.S. Identification No. of Above
Persons
James L. Barksdale
- --------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group*
(a) / /
(b) / / Not applicable
- --------------------------------------------------------------------------------
(3) SEC Use Only
- --------------------------------------------------------------------------------
(4) Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of Shares (5) Sole Voting Power 4,802,895 (Includes options
to
Beneficially purchase 50,000 shares exercisable within 60
days
Owned by of 12/31/97)
Each Reporting --------------------------------------------------
Person With (6) Shared Voting Power 0
--------------------------------------------------
(7) Sole Dispositive Power 4,802,895 (Includes
options to purchase 50,000 shares exercisable
within 60 days of 12/31/97)
--------------------------------------------------
(8) Shared Dispositive Power 0
- --------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
4,802,895 (includes options to purchase 50,000 shares exercisable
within 60 days of 12/31/97)
- --------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable
- --------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)
4.9%
- --------------------------------------------------------------------------------
(12) Type of Reporting Person
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
<PAGE>
CUSIP No. 641149109 13G Page 3 of 5
---------------------------------------------------------------------------
ITEM 1(A). NAME OF ISSUER
Netscape Communications Corporation
---------------------------------------------------------------------------
ITEM 2(A). NAME OF PERSON(S) FILING
James L. Barksdale
---------------------------------------------------------------------------
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IN NONE, RESIDENCE
501 East Middlefield Road, Mountain View, CA 94043
---------------------------------------------------------------------------
ITEM 2(C). CITIZENSHIP
United States
---------------------------------------------------------------------------
ITEM 2(D). TITLE OF CLASS OF SECURITIES
Common Stock
---------------------------------------------------------------------------
ITEM 2(E). CUSIP NUMBER
641149109
---------------------------------------------------------------------------
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES
13d-1(b), OR 13d CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or Dealer registered under Section 15 of the Act
(b) / / Bank as defined in section 3(a)(6) of the Act
(c) / / Insurance Company as defined in section 3(a)(19) of the Act
(d) / / Investment Company registered under section 8 of the
Investment Company Act
(e) / / Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) / / Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund, see Section 240.13d-
1(b)(1)(ii)(F)
(g) / / Parent Holding Company, in accordance with Section 240.13d-
1(b)(ii)(G)
(Note: See Item7)
(h) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
---------------------------------------------------------------------------
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
4,802,895 (includes options to purchase 50,000 shares exercisable
within 60 days of 12/31/97)
---------------------------------------------------------------------------
(b) Percent of Class:
4.9%
---------------------------------------------------------------------------
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
4,802,895 (includes options to purchase 50,000 shares
exercisable within 60 days of 12/31/97)
------------------------------------------------------------
(ii) shared power to vote or to direct the vote
0
-------------------------------------------------------------
<PAGE>
CUSIP No. 641149109 13G Page 4 of 5
---------------------------------------------------------------------------
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following. / x /
---------------------------------------------------------------------------
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable
---------------------------------------------------------------------------
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable
---------------------------------------------------------------------------
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable
---------------------------------------------------------------------------
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
-----------------------------------------------------------------------
<PAGE>
CUSIP No. 641149109 13G Page 5 of 5
---------------------------------------------------------------------------
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
2/9/98
------------------------------------------------
Date
/S/ JAMES L. BARKSDALE
------------------------------------------------
Signature
James L. Barksdale, President, and Chief Executive
Officer
-------------------------------------------------
Name/Title
