SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4 )*
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) 269-8000 Carol L. Bernick
NEAL GERBER & EISENBERG (708) 450-3051
Two North LaSalle Street, Suite 2200 2525 Armitage Avenue
Chicago, Illinois 60602 Melrose Park, IL 60160
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
January 3, 1995
(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).
13D CUSIP NO. 013068101 Page 2 of 9 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAROL L. BERNICK
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
523,356
8 SHARED VOTING POWER
1,061,006
9 SOLE DISPOSITIVE POWER
523,356
10 SHARED DISPOSITIVE POWER
1,061,006
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,584,362
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES *
Excluded are 340,000 shares held directly by Bernick's spouse.
Bernick has no beneficial interest in such shares and beneficial
ownership of them is disclaimed.
X
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11).
9.45%
14 TYPE OF REPORTING PERSON *
IN
13D CUSIP NO. 013068101 Page 3 of 9 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BEL GRANTOR ANNUITY TRUST DTD 10/1/93
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
146,626
8 SHARED VOTING POWER
-0-
9 SOLE DISPOSITIVE POWER
146,626
10 SHARED DISPOSITIVE POWER
-0-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
146,626
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%
14 TYPE OF REPORTING PERSON *
00
3D CUSIP NO. 013068101 Page 4 of 9 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LHL GRANTOR ANNUITY TRUST DTD 10/1/93
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
146,626
8 SHARED VOTING POWER
-0-
9 SOLE DISPOSITIVE POWER
146,626
10 SHARED DISPOSITIVE POWER
-0-
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
146,626
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%
14 TYPE OF REPORTING PERSON *
00
13D CUSIP NO. 013068101 Page 5 of 9 Pages
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
449,353
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
449,353
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
449,353
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).
2.68%
14 TYPE OF REPORTING PERSON *
00
13D CUSIP NO. 013068101 Page 6 of 9 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LHL 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
449,353
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
449,353
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
449,353
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).
2.68%
14 TYPE OF REPORTING PERSON *
00
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) Carol L. Bernick ("Bernick")
2) BEL Grantor Annuity Trust dated
10/1/93 ("BEL Grantor Trust")
3) LHL Grantor Annuity Trust dated
10/1/93 ("LHL Grantor Trust")
4) BEL April, 1994 Grantor Annuity
Trust dated 4/11/94
("BEL Trust")
5) LHL April, 1994 Grantor Annuity
Trust dated 4/11/94
("LHL Trust")
(b) Address: 1), 2), 3), c/o Carol L. Bernick
4) and 5) 2525 Armitage Avenue
Melrose Park, IL 60160
(c) Principal Business:
(1) Bernick, an individual, is a Director and Executive Vice-
President and Assistant Secretary of Alberto and the
President of Alberto-Culver USA, Inc., a subsidiary of
Alberto
2), 3), 4)
and 5) 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), 3), 4), and 5) Illinois trusts
Item 3. Source and Amount of Funds or Other Consideration.
Not applicable. On January 3, 1995, Bernick, as trustee for the LHL
Grantor Trust, and as trustee for the BEL Grantor Trust, transferred
from each trust 327,696 shares to the respective beneficiary of each
such trust. Similarly, on January 3, 1995, Bernick and Leonard H. Lavin
("Mr. Lavin") and Bernick and Bernice E. Lavin ("Mrs. Lavin"), as co-
trustees of the LHL Trust and of the BEL Trust, respectively,
transferred 664,306 shares to the respective beneficiary of each such
trust.
Item 4. Purpose of Transaction.
Transfers of securities were caused by trust funding and 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 Beneficially Owned: 1,584,362 shares total: 180,104 shares
directly; 449,353 shares held as co-trustee of the LHL Trust;
449,353 shares held as co-trustee of the BEL Trust; 146,626 shares
as trustee of the BEL Grantor Trust; 146,626 shares as trustee of
the LHL Grantor Trust; 50,000 shares as trustee of the Lavin
Survivor Insurance Trust dated 4/23/93; 12,000 shares held by
Lavin Family Foundation (a charitable foundation of which Bernick
is a Director and Vice President); and 150,300 shares as co-
trustee of a trust for her benefit.
Percentage of Class: 9.45% total: 1.1% directly; 2.68% as co-
trustee of the LHL Trust; 2.68% as co-trustee of the BEL Trust;
.9% as trustee of the BEL Grantor Trust; .9% as trustee of the LHL
Grantor Trust; .1% as a Director and Vice President of Lavin
Family Foundation; and .9% as co-trustee of a trust for her
benefit (based upon 16,766,240 Class B shares outstanding as of
December 31, 1994).
(b) Number of Shares as to Which Such Person Has:
<TABLE>
<CAPTION>
BEL LHL
Bernick Grantor Trust Grantor Trust BEL Trust LHL Trust
<S> <C> <C> <C> <C> <C>
(i) Sole power to vote: 523,356<F1> 146,626<F1> 146,626<F1> -0- -0-
(ii) Shared power to vote: 1,061,006<F2> -0- -0- 449,353<F2> 449,353<F2>
(iii) Sole power to dispose: 523,356<F1> 146,626<F1> 146,626<F1> -0- -0-
(iv) Shared power to dispose: 1,061,006<F2> -0- -0- 449,353<F2> 449,353<F2>
</TABLE>
[FN]
<F1> The above shares shown as owned by each of the BEL Grantor Trust
and the LHL Grantor Trust are reflected as sole power of Bernick
and each respective trust because Bernick is the sole trustee of
said trusts.
<F2> Bernick shares the power to vote and dispose of the shares in the
BEL Trust and LHL Trust with Mrs. Lavin and Mr. Lavin,
respectively. Bernick also shares the power to vote and dispose
of the 12,000 shares held by Lavin Family Foundation with Mr.
Lavin and Mrs. Lavin. Bernick, in her capacity as co-trustee of a
trust for her benefit, shares the power to vote and dispose of
150,300 shares held by such trust with Mrs. Lavin. Certain
information regarding Mr. Lavin and Mrs. Lavin is presented below:
(a) Name of Person: Leonard H. Lavin
Bernice E. Lavin
(b) Address: 2525 Armitage Avenue
Melrose Park, Illinois 60160
(c) Principal
Business: Leonard H. Lavin, an individual, is a
Director and the Chairman of Alberto.
Bernice E. Lavin, an individual, is a
Director and Vice Chairman, Secretary and
Treasurer of Alberto.
(d) Prior Criminal
Convictions: None.
(e) Prior Civil
Proceedings With
Respect to Federal
or State Securities
Laws: None.
(f) Place of
Organization: U.S. Citizen.
The foregoing does not reflect 50,100, 130,178 and 278,044 shares of
Alberto Class A Common Stock owned by Bernick and Mrs. Lavin as co-
trustees of a trust for Bernick's benefit, Bernick individually, and
Lavin Family Foundation, respectively. Also excluded are 340,000 Class
B shares of and 125,000 shares of Alberto Class A Common Stock held
directly by Bernick's spouse. Bernick has no beneficial interest in
such shares owned by her spouse and beneficial ownership of them is
disclaimed.
(c) None, except as reported in Item 3 above.
(d) None.
(e) On December 8, 1994, the LHL Grantor Trust and BEL Grantor Trust
ceased to hold 5% of a class of securities. On January 3, 1995,
the LHL Trust and BEL Trust ceased to hold 5% of a class of
securities.
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: February 14, 1995
Signature: /S/
Name/Title: Carol L. Bernick, Individually; as
Trustee of the LHL Grantor Annuity Trust
dated 10/1/93; and as Trustee of the BEL
Grantor Annuity Trust dated 10/1/93 as
Co-Trustee of each of the BEL April, 1994
Grantor Annuity Trust and LHL April, 1994
Grantor Annuity Trust; as co-trustee of a
trust dated 10/20/72; and as trustee of an
insurance trust dated 4/23/93
