UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 14 )*
ALBERTO-CULVER COMPANY
(Name of Issuer)
CLASS B COMMON STOCK, $.22 par value per share
(Title of Class of Securities)
013068101
(CUSIP Number)
* 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 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).
(Continued on following page(s))
Page 1 of 4 Pages
<PAGE>
CUSIP NO. 013068101 13G Page 2 of 4 Pages
---------- -- ---
1 NAME OF REPORTING PERSON
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
5 SOLE VOTING POWER
5,335,128 **
NUMBER
OF SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH 320,000 **
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 5,335,128 **
8 SHARED DISPOSITIVE POWER
320,000 **
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,655,128 **
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9)EXCLUDES CERTAIN SHARES *
Excluded are: 4,546,008 Class B shares held by Lavin's spouse as
trustee or co-trustee of trusts for her benefit, 534,680 Class A
shares and 954,328 Class B shares held by Lavin's spouse as trustee
or co-trustee of trusts for the benefit of their adult children and
grandchildren and 294 Class B shares held directly by Lavin's
spouse. Lavin disclaims beneficial ownership of such shares.
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9).
16.86%**
12 TYPE OF REPORTING PERSON *
IN
* SEE INSTRUCTIONS BEFORE FILLING OUT
** Does not include 527,888 shares of the Issuer's Class A common stock, $.22
par value (the "Class A shares"), held by Lavin Family Foundation. All, but not
less than all, of the Class A shares may be converted into Class B shares on a
share for share basis at the option of the Issuer.
<PAGE>
CUSIP No. 013068101 SCHEDULE 13G Page 3 of 4
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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 B common stock, $.22 par value per share ("Class B shares")
Item 2(e). CUSIP Number: 013068101
Item 3. Not Applicable
Item 4. Ownership.
(a) Amount Beneficially Owned: 5,655,128 1
(b) Percentage of Class: 16.86%
(c) Number of shares as to
which such person has:
(i) Sole power to vote or to direct the vote: 5,335,128 Class B shares 2
(ii) Shared power to vote or to direct the vote: 320,000 Class B shares 3
(iii) Sole power to dispose or to direct
the disposition of: 5,335,128 Class B shares 2
(iv) Shared power to dispose or to direct
the disposition of: 320,000 Class B shares 3
1 Does not include Class A shares.
2 Does not include 527,888 Class A shares held by Lavin Family Foundation.
Also does not include: 4,546,008 Class B shares held by Lavin's spouse as
trustee or co-trustee of trusts for her benefit, 534,680 Class A shares and
954,328 Class B shares held by Lavin's spouse as trustee or co-trustee of trusts
for the benefit of their adult children and grandchildren and 294 Class B shares
held directly by Lavin's spouse. Lavin disclaims beneficial ownership of such
shares.
3 320,000 Class B shares are held in the name of Lavin Family Foundation,a
charitable foundation of which Lavin is the President and a Director. Does not
include 527,888 Class A shares held by Lavin Family Foundation and 28,200 Class
A shares and 112,000 Class B shares held by the Lavin Family Supporting
Foundation, a public charity of which Lavin is one of three Directors.
<PAGE>
CUSIP No. 013068101 SCHEDULE 13G Page 4 of 4
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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: January 23, 1998
Signature: /s/ Leonard H. Lavin
Leonard H. Lavin
