<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8 )*
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ALBERTO-CULVER COMPANY
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(Name of Issuer)
CLASS A COMMON STOCK, $.22 PAR VALUE PER SHARE
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(Title of Class of Securities)
013068200
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(CUSIP Number)
Marshall E. Eisenberg (312) 269-8020 Carol L. Bernick (708) 450-3051
NEAL, GERBER & EISENBERG 2525 Armitage Avenue
Two North LaSalle Street, Suite 2200 Melrose Park, Illinois 60160
Chicago, Illinois 60602
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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).
(Continued on following page (s))
Page 1 of 8 Pages
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13D
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CUSIP NO. 013068200 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 4,984,227**
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 8
1,447,178**
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING 4,984,227**
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 10
1,447,178**
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON *
11
6,431,405**
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
12
[X]
Excluded are 836,100 Class A shares (including options to purchase 296,100
Class A shares)and 600,000 Class B shares held directly by Bernick's
spouse; 43,960 Class B shares and 5,100 Class A 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.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
22.80%**
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TYPE OF REPORTING PERSON*
14
IN
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*SEE INSTRUCTIONS
** Includes shares of Class B Common Stock, $.22 par value per share ("Class B
shares"), which are immediately convertible at the holder's option on a share
for share basis into Class A shares and also includes options which are
exercisable currently or within 60 days to acquire Class A shares.
<PAGE>
13D
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CUSIP NO. 013068200 PAGE 3 OF 8 PAGES
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NAME OF REPORTING PERSON
1 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
7.89%**
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TYPE OF REPORTING PERSON*
14
00
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* SEE INSTRUCTIONS
** Includes Class B shares which are immediately convertible at the holder's
option on a share for share basis into Class A shares.
<PAGE>
13D
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CUSIP NO. 013068200 PAGE 4 OF 8 PAGES
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NAME OF REPORTING PERSON
1 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
- ------------------------------------------------------------------------------
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
[X]
Not applicable.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
8.07%**
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TYPE OF REPORTING PERSON*
14
00
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* SEE INSTRUCTIONS
** Includes Class B shares which are immediately convertible at the holder's
option on a share for share basis into Class A shares.
<PAGE>
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CUSIP NO. 013068200 13D Page 5 of 8 Pages
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<TABLE>
<CAPTION>
<S> <C>
Item 1. Security and Issuer.
Title of Class of Securities: Class A Common Stock, $.22 par value per
share (the "Class A 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) Citizen/Organization: (1) U.S. Citizen
(2) Illinois Trust
(3) Illinois Trust
</TABLE>
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. 013068200 13D Page 6 of 8 Pages
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Item 5. Interest in Securities of the Issuer.
(a) (i) Amount of Class A Shares Beneficially Owned: 6,431,405 Class A
shares total: options to purchase 134,844 Class A shares held
directly; 175,436 Class A shares and 316,248 Class B shares held
as trustee of the Carol L. Bernick Revocable Trust, u/a/d 4/23/93
(the "Revocable Trust"); 1,946,354 Class B shares held as co-
trustee of the CLB Trust; 1,993,817 Class B shares held as
trustee of the Property Trust; 222,527 Class B shares held as
trustee of a trust for the benefit of Bernick's nephew (the
"Nephew Trust"); 100,000 Class B shares held as trustee of the
Lavin Survivorship Insurance Trust 2 (the "Lavin Survivorship
Trust"); 100,200 Class A shares and 300,600 Class B shares held
as co-trustee of a trust for Bernick's benefit; 41,040 Class A
shares and 45,768 Class B shares as trustee of a trust for the
benefit of Bernick's son (the "Son Trust"); 449,378 Class A
shares and 520,000 Class B shares held by Lavin Family Foundation
(a charitable foundation of which Bernick is a Vice President and
Director); 45,000 Class A shares and 32,000 Class B shares held
by the Howard and Carol Bernick Family Foundation (a charitable
foundation of which Bernick is the President and a Director); and
8,193 Class B shares held as a participant in the Alberto-Culver
Employees' Profit Sharing Plan.
(ii) Percentage of Class A Shares Beneficially Owned: 22.80% total:
.59% directly; 2.13% as trustee of the Revocable Trust; 7.89% as
co-trustee of the CLB Trust; 8.07% as trustee of the Property
Trust; .97% as co-trustee of the Nephew Trust; .44% as trustee of
the Lavin Survivorship Trust; 1.74% as co-trustee of a trust for
Bernick's benefit; .38% as trustee of the Son Trust; 4.17% by
Lavin Family Foundation; .34% by the Howard and Carol Bernick
Family Foundation; and .04% as a participant in the Alberto-
Culver Employees' Profit Sharing Plan (based upon 22,723,519
Class A shares outstanding as of December 1, 1999).**
** Pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of
1934, as amended, the following calculations assume that all
Class B shares beneficially owned by Bernick have been converted
into Class A shares and that all options held by Bernick which
are either exercisable currently or within 60 days have been
exercised.
(b) Number of Class A 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: 4,984,227 1,946,354 1,993,817
(ii) Shared power to vote: 1,447,178/1/ 0 0
(iii) Sole power to dispose: 4,984,227 1,946,354 1,993,817
(iv) Shared power to dispose: 1,447,178/1/ 0 0
</TABLE>
1/ Bernick shares the power to vote and dispose of the 449,378 Class A
shares and 520,000 Class B shares held by Lavin Family Foundation with
her parents, 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 100,200 Class A shares and 300,600 Class B shares held by
such trust with Mrs. Lavin as co-trustee, and Bernick shares the power
to vote and dispose of 45,000 Class A shares and 32,000 Class B shares
held by the Howard and Carol Bernick Family Foundation with her
spouse.
<PAGE>
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CUSIP NO. 013068200 13D Page 7 of 8 Pages
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Certain information regarding Mr. Lavin, Mrs. Lavin, and Mr. Bernick
is presented below:
<TABLE>
<CAPTION>
<S> <C> <C> <C>
(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 61060
(iii) Principal (1) Leonard H. Lavin, an individual,
Business: is a Director and the Chairman of the Company.
(2) Bernice E. Lavin, an individual, is a Director and
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) Citizenship/Organization: U.S. Citizen.
</TABLE>
An additional 836,100 Class A shares (including options to purchase 296,100
Class A shares) and 600,000 Class B shares are held directly by Bernick's
spouse; 43,960 Class B shares and 5,100 Class A 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 and they are not included
above.
(c) None, except as described in Item 3 above.
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
None.
<PAGE>
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CUSIP NO. 013068200 13D Page 8 of 8 Pages
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Item 7. Material to be Filed as Exhibits.
None.
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 11, 2000
Signature: /s/ Carol L. Bernick
-----------------------
Name/Title: Carol L. Bernick, Individually, as trustee of the
Property Trust, as co-trustee of the CLB 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.
