U.S. SECURITIES AND EXCHANGE COMMISSION
                                                       Washington, D.C. 20549

                                                               FORM 4

                                            STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

                               Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
                                   Section 17(a) of the Public Utility Holding Company Act of 1935
                                       or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*    2. Issuer Name and Ticker or Trading Symbol       6. Relationship of Reporting Person
   Sheluck, Jr.    William                        Barnes & Noble, Inc.    Symbol=BKS         to Issuer (Check all applicable)
__________________________________________  _____________________________________________    _X_ Director      ___ 10% Owner
                                                                                             ___ Officer (give ___ Other (Specify
  (Last)          (First)         (Middle)  3. IRS Identification   4. Statement for             title below)      below)
                                               Number of Reporting     Month/Year
36 Greenleaf Farms Road                        Person, if an entity    June 2001
__________________________________________     (voluntary)          ______________________________________________________________
                 (Street)
                                                                    5. If Amendment, Date of  8. Individual or Joint/Group Filing
Newtown,      Connecticut      06470                                   Original (Month/Year)     (Check applicable line)
__________________________________________                                                    _X_ Form Filed by one Reporting Person
  (City)          (State)          (Zip)                                                      ___ Form Filed by more than one
                                                                                                  Reporting Person


                                            Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

                                                                                     5. Amount of
                                          3. Trans-    4.  Securities Acquired (A)      Securities
                              2. Trans-      action        or Disposed of (D)           Beneficially  6. Ownership
                                 action      Code          (Instr. 3, 4 and 5)          Owned at         Form:         7. Nature of
                                 Date        (Instr.   ---------------------------      End of           Direct(D)        Indirect
                                 Month/        8)                  (A)                  Month               or            Beneficial
1.  Title of Security            Day/     -----  ---    Amount      or     Price        (Instr.          Indirect(I)      Ownership
    (Instr.3)                    Year)     Code   V                (D)                  3 and 4)         (Instr. 4)      (Instr. 4)
----------------------------- ---------   ----------   --------    ---    --------   ------------     -------------    ------------
Common Stock                    6/20/01     M           3,000(1)    A      $13.50(1)
Common Stock                    6/20/01     S           3,000(1)    D      $37.71
Common Stock                    6/26/01     M           5,000(1)    A      $13.50(1)
Common Stock                    6/26/01     S           3,000(1)    D      $38.00
Common Stock                    6/26/01     S           2,000(1)    D      $37.90
Common Stock                    6/27/01     M           2,000(1)    A      $13.50(1)
Common Stock                    6/27/01     S           2,000(1)    D      $38.28         8,000             D(2)
Common Stock                                                                              4,640             I          By Children


* If this form is filed by more than one Reporting Person, see Instruction 4(b)(v).

Reminder:  Report on a separate line for each class of securities beneficially owned directly or indirectly.                  (Over)
                                                                                        (Print or Type Response)



                   Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                   (e.g., puts, calls, warrants, options, convertible securities)

                                       2. Conver-                              5. Number of Deriv-        6. Date Exercisable
                                          sion or    3. Trans-   4. Trans-        ative Securities           and Expiration Date
                                          Exercise      action      action        Acquired (A) or            (Month/Day/Year)
                                          Price of      Date        Code          Disposed of (D)         -----------------------
                                          Deriv-        (Month/    (Instr. 8)     (Instr. 3, 4, and 5)    Date
1. Title of Derivative Security           ative         Day/     -----   ----  -----------------------    Exercis-     Expiration
   (Instr. 3)                             Security      Year)     Code     V         A          D         able         Date
----------------------------------     -----------   ----------  ------------  ----------- -----------    ----------   ----------
Stock Option (Right to Buy)              $13.50(1)     6/20/01      M                          3,000(1)     12/7/95    12/7/04
Stock Option (Right to Buy)              $13.50(1)     6/26/01      M                          5,000(1)     12/7/95    12/7/04
Stock Option (Right to Buy)              $13.50(1)     6/27/01      M                          2,000(1)     12/7/95    12/7/04
Stock Option (Right to Buy)              $23.65        3/13/01      A      V      20,000                      (3)      3/12/11


                                                                          9. Number of    10. Ownership Form
                                                                             Derivative       of Deriv-
                                                                             Securities       ative
                        7. Title and Amount of Underlying                    Benefi-          Security:
                           Securities (Instr. 3 and 4)                       cially           Direct       11. Nature of
                        ---------------------------------  8. Price of       Owned            (D) or           Indirect
                                                Amount or     Derivative     at End           Indirect         Beneficial
1. Title of Derivative          Title           Number of     Security       of Month         (I)              Ownership
   Security (Instr. 3)                          Shares        (Instr. 5)     (Instr. 4)       (Instr. 4)       (Instr. 4)
----------------------  --------------------    ---------  -------------  -------------   --------------   --------------
Stock Option
 (Right to Buy)          Common Stock            3,000(1)
Stock Option
 (Right to Buy)          Common Stock            5,000(1)
Stock Option
 (Right to Buy)          Common Stock            2,000(1)
Stock Option
 (Right to Buy)          Common Stock           20,000                       90,000(4)            D


Explanation of Responses

(1)  These options originally related to one-half the number of shares at twice the exercise price, and were reported as such.  The
     number of shares acquired and the related exercise price set forth above result from the two-for-one stock split effected by
     the Issuer on September 22, 1997.
(2)  The Reporting Person shares voting and dispositive power over these securities with his spouse.
(3)  One-fourth of these options become exercisable on March 13 of each of the years 2002 through 2005.
(4)  Represents the total number of stock options (right to buy) beneficially owned by the Reporting Person with respect to the
     Issuer's Common Stock.



                                                                                /s/ William Sheluck, Jr.            July 10, 2001
**Intentional misstatements or omissions of facts constitute                    -------------------------------     ---------------
  Federal Criminal Violations.  See 18 U.S.C. 1001 and                          **Signature of Reporting Person         Date
  15 U.S.C. 78ff(a).                                                                William Sheluck, Jr.

Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, see Instruction 6 for procedure.                                                    Page 2