SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
ALBERTO-CULVER COMPANY
(Name of Issuer)
CLASS B COMMON STOCK, $.22 PAR VALUE PER SHARE
(Title of Class of Securities)
013068101
(CUSIP Number)
Marshall E. Eisenberg (312)269-8020 Bernice E. Lavin (708)450-3101
NEAL GERBER & EISENBERG 2525 Armitage
Two North LaSalle St., Suite 2200 Melrose Park, IL 60160
Chicago, IL 60602
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 11, 1994
(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box.
Check the following box if a fee is being paid with the statement . (A fee
is not required only if the reporting person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this Statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosure provided in a prior cover page.
The information required on 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).
CUSIP NO. 013068101
13D
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BERNICE E. LAVIN
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a)
(b) X
3
SEC USE ONLY
4
SOURCE OF FUNDS *
Not applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. citizen
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
847,670
8
SHARED VOTING POWER
1,762,300
9
SOLE DISPOSITIVE POWER
847,670
10
SHARED DISPOSITIVE POWER
1,762,300
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,609,970
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * X
Excluded are 2,623,230 shares held by Lavin's spouse. Lavin has no
beneficial interest in such shares and beneficial interest in them is
disclaimed.
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11).
15.53%
14
TYPE OF REPORTING PERSON *
IN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 013068101
13D
1
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BEL April, 1994 Grantor Annuity Trust
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a)
(b) X
3
SEC USE ONLY
4
SOURCE OF FUNDS *
Not applicable
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois Trust
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
1,600,000
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
1,600,000
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,600,000
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES *
Not applicable.
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11).
9.52%
14
TYPE OF REPORTING PERSON *
00
* SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 013068101
13D
Item 1. Security and Issuer.
Title of Class of Securities: Class B Common Stock, $.22
par value per share
Name and Address of Issuer: Alberto-Culver Company ("Alberto")
2525 Armitage Avenue
Melrose Park, IL 60160
Item 2. Identity and Background.
(a) Name of Person Filing: (1) Bernice E. Lavin ("Lavin")
(2) BEL April, 1994 Grantor Annuity Trust
("BEL Trust")
(b) Address: c/o Bernice E. Lavin
2525 Armitage Avenue
Melrose Park, IL 60160
(c) Principal Business:
1) Lavin is a Director, Vice President, Secretary and Treasurer of
Alberto.
2) Trust Administration
(d) Prior Criminal Convictions: None
(e) Prior Civil Proceedings With
Respect to Federal or State
Securities Laws: None
(f) Place of Organization: (1) U.S. citizen
(2) Illinois trust
Item 3. Source and Amount of Funds or Other Consideration.
Not applicable. On April 11, 1994, 1,100,000 shares were transferred by
Carol L. Bernick, as trustee of the Bernice E. Lavin Grantor Annuity
Trust, dated 1/28/93, for the benefit of Bernice E. Lavin, to Lavin
individually. Thereafter, on April 11, 1994, Lavin transferred 1,100,000
shares to herself and Carol L. Bernick, an adult child of Lavin, as co-
trustees of the BEL Trust. On April 11, 1994, Lavin also transferred
500,000 shares held as trustee of the Bernice E. Lavin Trust, dated
December 18, 1987 ("Lavin Trust"), for her benefit, to herself and Carol
L. Bernick, as co-trustees of the BEL Trust. Thereafter, on April 11,
1994, Lavin, as trustee of the Lavin Trust, transferred 25,000 shares to
herself, individually. Lastly, Lavin transferred 25,000 shares to Carol
L. Bernick, as trustee of the Lavin Survivorship Insurance Trust, for
the benefit of Leonard H. Lavin and Bernice E. Lavin.
Item 4. Purpose of Transaction.
Dispositions of securities were caused by trust funding as indicated
under Item 3 above. The transfers and transactions were for the Lavin
family's estate planning rather than corporate purposes. The transfers
were not undertaken for purposes of effecting any of the actions listed
in this item.
Item 5. Interest in Securities of the Issuer.
(a) Amount of Class B Common Stock Beneficially Owned: 2,609,970
shares total as of April 11, 1994: 520,806 shares directly;
1,600,000 as co-trustee of the BEL Trust; 12,000 shares by
Lavin Family Foundation (a charitable foundation of which
Lavin is the Treasurer and a Director); and 150,300 shares and
326,864 shares, respectively, as co-trustee of a trust and sole
trustee of trusts, respectively, for the benefit of Lavin's children
and grandchildren.
CUSIP NO. 013068101
13D
(a) Percentage of Class B Common Stock: 15.53% total: 3.1%
directly; 9.52% as co-trustee of the BEL Trust; .1% by Lavin
Family Foundation (a charitable foundation of which Lavin is
the Treasurer and a Director); and .9% and 1.9%, respectively,
as co-trustee of a trust and sole trustee of trusts,
respectively, for the benefit of Lavin's children and grand-
children (based upon 16,801,842 Class B shares outstanding as
of March 31, 1994).
(b) Number of Shares as to Which Such Person Has:
Lavin BEL Trust
(i) Sole power to vote: 847,670<F1> -0-
(ii) Shared power to vote: 1,762,300<F2> 1,600,000
(iii)Sole power to dispose: 847,670<F1> -0-
(iv) Shared power to dispose 1,762,300<F2> 1,600,000
<F1> 520,806 shares directly owned and 326,864 shares held as sole
trustee of trusts for the benefit of Lavin's children and grand-
children.
<F2> 1,600,000 held as co-trustee of the BEL Trust; 12,000 shares held
in the name of Lavin Family Foundation (a charitable foundation
of which Lavin is the Treasurer and a Director); and 150,300 shares
held as co-trustee of a trust for the benefit of one of Lavin's
adult children.
Lavin shares the power to vote the 12,000 shares held by Lavin Family
Foundation with her husband, Leonard H. Lavin, and one of her adult children,
Carol L. Bernick. Lavin is co-trustee together with Carol L. Bernick of a
trust for the benefit of Carol L. Bernick which holds 150,300 shares and the
BEL Trust which holds 1,600,000 shares. The following information is pre-
sented with respect to Leonard H. Lavin and Carol B. Bernick, respectively.
(a) Name of Person: Leonard H. Lavin
Carol L. Bernick
(b) Address: 2525 Armitage Avenue
Melrose Park, Illinois 60160
(c) Principal Business: Leonard H. Lavin, an individual, is a
Director, Chairman and Chief Executive
Officer of Alberto. Carol L. Bernick,
an individual, is a Director and
Executive Vice President and Assistant
Secretary of Alberto.
(d) Prior Criminal None
Convictions:
(e) Prior Civil Proceedings None
with Respect to Federal
or State Securities Laws:
CUSIP NO. 013068101
13D
(f) Place of Organization: U.S. Citizen
An additional 2,623,230 shares of Alberto Class B Common Stock and
587,852 shares of Alberto Class A Common Stock (which are not included above)
are held by Lavin's husband. Lavin has no beneficial interest in such shares
and beneficial ownership of them is disclaimed.
The Class B shares owned by Lavin and the percentage holdings specified
herein also do not reflect the 103,044 shares of Alberto Class A Common Stock
held in the name of Lavin Family Foundation, or 50,100 shares and 184,664
shares of Alberto Class A Common Stock, respectively, held by Lavin solely in
her capacity as co-trustee of a trust and sole trustee of trusts,
respectively, for the benefit of Lavin's children and grandchildren.
(c) None, except as indicated in Item 3.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
None.
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.
Date: September 8, 1994
Signature: /s/ Bernice E. Lavin
Name/Title: Bernice E. Lavin, individually
and as co-trustee of the BEL April,
1994 Grantor Annuity Trust and
another trust and as sole trustee
of trusts for the benefit of her
children and grandchildren
