<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 11)*
ALBERTO-CULVER COMPANY
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(Name of Issuer)
CLASS B COMMON STOCK, $.22 PAR VALUE PER SHARE
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(Title of Class of Securities)
013068101
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(CUSIP Number)
Marshall E. Eisenberg Carol L. Bernick
NEAL GERBER & EISENBERG 2525 Armitage Avenue
Two North LaSalle Street, Suite 2200 Melrose Park, IL 60160
Chicago, Illinois 60602 (708) 450-3051
(312) 269-8000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 17, 1999
-------------------------------
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box [ ].
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 240.13d-7 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).
Page 1 of 8 Pages
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CUSIP NO. 013068101 13D Page 2 of 8 Pages
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NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAROL L. BERNICK
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4 NOT APPLICABLE
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6 U.S. CITIZEN
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SOLE VOTING POWER
7
NUMBER OF 4,632,907
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
852,600
OWNED BY
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EACH SOLE DISPOSITIVE POWER
9
REPORTING 4,632,907
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
852,600
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
5,485,507
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12 Excluded are 600,000 Class B shares held directly by Bernick's spouse;
43,960 Class B shares held by Bernick's spouse as co-trustee of a trust
for the benefit of Mr. and Mrs. Bernick's children; and 11,337 Class B
shares held by Bernick's spouse as a participant in the Alberto-Culver
Employees Profit Sharing Plan. Bernick disclaims beneficial ownership of
such shares.
[X]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
16.64%
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TYPE OF REPORTING PERSON*
14
IN
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*SEE INSTRUCTIONS
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CUSIP NO. 013068101 13D Page 3 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CLB GRAT, u/a/d 9/15/93
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4 NOT APPLICABLE
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6 ILLINOIS TRUST
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SOLE VOTING POWER
7
NUMBER OF 1,946,354
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,946,354
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,946,354
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
NOT APPLICABLE [X]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13 5.91%
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TYPE OF REPORTING PERSON*
14 00
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*SEE INSTRUCTIONS
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CUSIP NO. 013068101 13D Page 4 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KSL PROPERTY TRUST II, u/a/d 10/31/98
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4 NOT APPLICABLE
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
5
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CITIZENSHIP OR PLACE OF ORGANIZATION
6 ILLINOIS TRUST
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SOLE VOTING POWER
7
NUMBER OF 1,993,817
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 1,993,817
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11
1,993,817
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
NOT APPLICABLE [X]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13 6.05%
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TYPE OF REPORTING PERSON*
14 00
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*SEE INSTRUCTIONS
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CUSIP NO. 013068101 13D Page 5 of 8 Pages
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Item 1. Security and Issuer.
Title of Class of Securities: Class B Common Stock, $.22 par value
per share ("shares" or "Class B shares")
Name and Address of Issuer: Alberto-Culver Company (the "Company")
2525 Armitage Avenue
Melrose Park, IL 60160
Item 2. Identity and Background.
(a) Name of Person Filing: (1) Carol L. Bernick ("Bernick")
(2) CLB GRAT, u/a/d 9/15/93 (the "CLB
Trust")
(3) KSL Property Trust II, u/a/d 10/31/98
(the "Property Trust")
(b) Address: c/o Carol L. Bernick
2525 Armitage Avenue
Melrose Park, IL 60160
(c) Principal Business: (1) Bernick, an individual, is a Director
and Vice Chairman, President Alberto-
Culver North America, a division of
the Company, and Assistant Secretary
of the Company.
(2) Trust Administration.
(3) Trust Administration.
(d) Prior Criminal Convictions: None
(e) Prior Civil Proceedings With
Respect to Federal or State
Securities Laws: None
(f) Citizenship/Organization: (1) U.S. Citizen
(2) Illinois Trust
(3) Illinois Trust
Item 3. Source and Amount of Funds or Other Consideration.
On December 17, 1999, the CLB Trust, of which Bernick is co-trustee,
transferred 48,000 Class B Shares to Bernick. On that same day, Bernick
transferred 32,000 Class B shares to the Howard and Carol Bernick Family
Foundation and 16,000 Class B shares to the Carol and Howard Bernick
Supporting Foundation.
Item 4. Purpose of Transaction.
The transfer of securities was undertaken solely in connection with Bernick
family estate planning matters. The transfer was not undertaken for
purposes of effecting any of the actions listed in this item.
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CUSIP NO. 013068101 13D Page 6 of 8 Pages
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Item 5. Interest in Securities of the Issuer.
(a) (i) Amount of Class B Shares Beneficially Owned: 5,485,507 shares
total: 316,248 shares held as trustee of the Carol L. Bernick
Revocable Trust, u/a/d 4/23/93 (the "Revocable Trust");
1,946,354 shares held as co-trustee of the CLB Trust; 1,993,817
shares held as trustee of the Property Trust; 32,000 shares held
by the Howard and Carol Bernick Family Foundation (a charitable
foundation of which Bernick is the President and a Director);
222,527 shares held as trustee of a trust for the benefit of
Bernick's nephew (the "Nephew Trust"); 100,000 shares as trustee
of the Lavin Survivorship Insurance Trust 2 (the "Lavin
Survivorship Trust"); 300,600 shares held as co-trustee of a
trust for Bernick's benefit; 45,768 shares as trustee of a trust
for the benefit of Bernick's son (the "Son Trust"); 520,000
shares held by Lavin Family Foundation (a charitable foundation
of which Bernick is a Director and Vice President); and 8,193
shares held as a participant in the Alberto-Culver Employees'
Profit Sharing Plan.
(ii) Percentage of Class B Shares Beneficially Owned: 16.64% total:
.96% as trustee of the Revocable Trust; 5.91% as co-trustee of
the CLB Trust; 6.05% as trustee of the Property Trust; .10% as a
Director and the President of the Howard and Carol Bernick
Family Foundation; .68% as trustee of the Nephew Trust; .30% as
trustee of the Lavin Survivorship Trust; .91% as co-trustee of a
trust for Bernick's benefit; .14% as trustee of the Son Trust;
1.58% as a Director and Vice President of Lavin Family
Foundation; and .02% as a participant in the Alberto-Culver
Employees' Profit Sharing Plan (based upon 32,957,471 Class B
shares outstanding as of December 1, 1999).
(b) Number of Class B Shares as to Which Bernick, CLB Trust, and Property
Trust Have:
<TABLE>
<CAPTION>
Bernick CLB Trust Property Trust
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<S> <C> <C> <C> <C>
(i) Sole power to vote: 4,632,907 1,946,354 1,993,817
(ii) Shared power to vote: 852,600/1/ 0 0
(iii) Sole power to dispose: 4,632,907 1,946,354 1,993,817
(iv) Shared power to dispose: 852,600/1/ 0 0
</TABLE>
/1/ Bernick shares the power to vote and dispose of the 520,000 shares
held by Lavin Family Foundation with Mr. Lavin and Mrs. Lavin. Bernick
shares the power to vote and dispose of 32,000 shares held by the
Howard and Carol Bernick Family Foundation with Mr. Bernick. Bernick,
in her capacity as co-trustee of a trust for her benefit, shares the
power to vote and dispose of 300,600 shares held by such trust with
Mrs. Lavin.
Certain information regarding Mr. Lavin, Mrs. Lavin and Mr. Bernick is
presented below:
(i) Name of Person: (1) Leonard H. Lavin
(2) Bernice E. Lavin
(3) Howard B. Bernick
(ii) Address: (1),(2), 2525 Armitage Avenue
and (3) Melrose Park, Illinois 60160
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CUSIP NO. 013068101 13D Page 7 of 8 Pages
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(iii) Principal
Business: (1) Leonard H. Lavin, an individual, is
a Director and the Chairman of the
Company
(2) Bernice E. Lavin, an individual, is
a Director and the Vice Chairman,
Secretary and Treasurer of the
Company
(3) Howard B. Bernick, an individual,
is a Director and the President and
Chief Executive Officer of the
Company
(iv) Prior Criminal
Convictions: None.
(v) Prior Civil
Proceedings With
Respect to Federal
or State Securities
Laws: None.
(vi) Citizen/
Organization: U.S. Citizen.
The foregoing does not reflect (i) options to purchase 134,844 shares of
Class A common stock of the Company ("Class A shares") owned by Bernick
directly and (ii) 100,200, 175,436, 449,378, and 41,040 Class A shares
owned by Bernick and Mrs. Lavin as co-trustees of a trust for Bernick's
benefit, Bernick as trustee of the Revocable Trust, the Lavin Family
Foundation, and as trustee of the Son Trust, respectively. Also excluded
are 600,000 Class B shares and 836,100 Class A shares (includes options to
purchase 296,100 Class A shares) held directly by Bernick's spouse; 45,000
Class A shares held by the Howard and Carol Bernick Family Foundation;
5,100 Class A shares and 43,960 Class B shares held by Bernick's spouse as
co-trustee of a trust for the benefit of Mr. and Mrs. Bernick's children;
and 11,337 Class B shares held by Bernick's spouse as a participant in the
Alberto-Culver Employees' Profit Sharing Plan. Bernick disclaims
beneficial ownership of the shares held by her spouse and they are not
included above.
(c) None, except as reported in Item 3 above.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None.
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CUSIP NO. 013068101 13D Page 8 of 8 Pages
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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: January 11, 2000
Signature: /s/ Carol L. Bernick
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Name/Title: Carol L. Bernick, Individually, as
co-trustee of the CLB Trust, as
trustee of the Property Trust, and
as trustee or co-trustee of various
trusts for her benefit, the benefit
of her son, the benefit of her nephew
or the benefit of her sister.
