UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5 )*
ALBERTO-CULVER COMPANY
(Name of Issuer)
CLASS A COMMON STOCK, $.22 par value per share
(Title of Class of Securities)
013068200
(CUSIP Number)
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.)
* 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).
<PAGE>
13G CUSIP NO. 013068200 Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LEONARD H. LAVIN
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER
OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER
2,448,101**
6 SHARED VOTING POWER
1,403,703**
7 SOLE DISPOSITIVE POWER
2,448,101**
8 SHARED DISPOSITIVE POWER
1,403,703**
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,851,804**
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
Excluded are: 1,532,825 and 1,113,659 Class B shares held by
Lavin's spouse directly and as co-trustee of a trust for her
benefit, respectively; and 234,764 Class A shares and 477,164 Class
B shares held by Lavin's spouse as trustee or co-trustee of trusts
for the benefit of their adult children and grandchildren. Lavin
disclaims beneficial ownership of such shares.
X
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9).
27.32%**
12 TYPE OF REPORTING PERSON *
IN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
** Includes shares of the Issuer's Class B common stock,
$.22 par value ("Class B shares"), which are immediately
convertible at the holder's option on a share for share basis
into shares of Class A common stock.
CUSIP No. 013068200 SCHEDULE 13G Page 3 of 4
Item 1(a). Name of Issuer: Alberto-Culver Company
Item 1(b). Address of Issuer's Principal Executive Office:
2525 Armitage Avenue
Melrose Park, Illinois 60160
Item 2(a). Name of Person Filing: Leonard H. Lavin ("Lavin")
Item 2(b). Address of Principal Business Office or, if None, Residence:
2525 Armitage Avenue
Melrose Park, Illinois 60160
Item 2(c). Citizenship: United States citizen
Item 2(d). Title of Class of Securities:
Class A common stock, $.22 par value per share
("Class A shares")
Item 2(e). CUSIP Number: 013068200
Item 3. Not Applicable
Item 4. Ownership.
(a) Amount Beneficially Owned: 3,851,804 Class A shares<F1>
(b) Percentage of Class: 27.32%
(c) Number of shares as to
which such person has:
(i) Sole power to vote: 2,448,101<F2> Class A shares
(ii) Shared power to vote: 1,403,703<F3> Class A shares
(iii) Sole power to dispose: 2,448,101<F2> Class A shares
(iv) Shared power to dispose: 1,403,703<F3> Class A shares
<F1> Includes shares of Issuer's Class B shares, which are
immediately convertible at the holder's option on a share for share basis
into Class A shares.
<F2> Does not include: 1,532,825 and 1,113,659 Class B shares held
by Lavin's spouse directly and as co-trustee of a trust for her benefit,
respectively; and 234,764 Class A shares and 477,164 Class B shares held by
Lavin's spouse as trustee of trusts for the benefit of their adult children
and grandchildren. Lavin disclaims beneficial ownership of such shares.
<F3> 1,113,659 Class B shares are held as co-trustee with Carol L.
Bernick of a grantor annuity trust for the benefit of Lavin; and 278,044
Class A shares and 12,000 Class B shares are held in the name of Lavin
Family Foundation, a charitable foundation of which Lavin is the President
and a Director.
CUSIP No. 013068200 SCHEDULE 13G Page 4 of 4
In April 1994, 1,100,000 Class B shares were transferred to Lavin as
beneficiary of a grantor annuity trust. Lavin thereafter transferred
1,600,000 Class B shares to himself and Carol L. Bernick as co-trustees of
a grantor annuity trust for Lavin's benefit. In December 1994, 525,678 and
486,341 Class B shares were transferred to Lavin as beneficiary of two
grantor annuity trusts and on January 3, 1995, 327,696 and 664,306 Class B
shares were transferred to Lavin as beneficiary of two grantor annuity
trusts. Thereafter, on January 3, 1995, Lavin transferred 2,000,000 Class
B shares to himself and Carol L. Bernick as co-trustees of a grantor
annuity trust for his benefit. Except for the transfer of 2,000,000 Class
B shares by Lavin in January 1995, all of the shares and transactions above
have previously been or will be reported on the appropriate Schedules 13D.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
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.
Item 10. Certification.
Not Applicable.
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.
Date: February 10, 1995<PAGE>
Signature: /S/
Leonard H. Lavin
