-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FUTgbTuskSDTYVH/pkUty53fXl6ONROVs1Z/5RnHfcSnaPIZLLHWxyyl8+gjeLsc loFqu6yijMa+BjvqnRoyjg== 0000003327-97-000005.txt : 19970310 0000003327-97-000005.hdr.sgml : 19970310 ACCESSION NUMBER: 0000003327-97-000005 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970307 SROS: NYSE GROUP MEMBERS: BEL FEBRUARY 1996 GRANTOR ANNITY TRUST GROUP MEMBERS: BEL JANUARY 1995 GRANTOR ANNUITY TRUST GROUP MEMBERS: BERNICE E. LAVIN TRUST U/A/D 12/18/87 GROUP MEMBERS: LAVIN BERNICE E SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALBERTO CULVER CO CENTRAL INDEX KEY: 0000003327 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] IRS NUMBER: 362257936 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10375 FILM NUMBER: 97552109 BUSINESS ADDRESS: STREET 1: 2525 ARMITAGE AVE CITY: MELROSE PARK STATE: IL ZIP: 60160 BUSINESS PHONE: 7084503039 MAIL ADDRESS: STREET 1: 2525 ARMITAGE AVENUE CITY: MELROSE PARK STATE: IL ZIP: 60160 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LAVIN BERNICE E CENTRAL INDEX KEY: 0000904860 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 2525 ARMITAGE AVENUE CITY: MELROSE PARK STATE: IL ZIP: 60160 MAIL ADDRESS: STREET 1: 2525 ARMITAGE AVENUE CITY: MELROSE PARK STATE: IL ZIP: 60160 SC 13D/A 1 SCHEDULE 13D AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 (Amendment No. 3 )* ALBERTO-CULVER COMPANY (Name of Issuer) CLASS A COMMON STOCK, $.22 PAR VALUE PER SHARE (Title of Class of Securities) 013068200 (CUSIP Number) Marshall E. Eisenberg (312) 269-8020 Bernice E. Lavin NEAL, GERBER & EISENBERG 2525 Armitage Avenue Two North LaSalle Street, Suite 2200 Melrose Park, Illinois 60160 Chicago, Illinois 60602 (708) 450-3101 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 23, 1997 (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). (Continued on following page(s)) Page 1 of 8 Pages - ---------------------- --------------------- CUSIP NO. 013068200 13D Page 2 of 8 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bernice E. Lavin - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 2,882,108** OF SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 501,644** ------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 2,882,108** ------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH 501,644** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,383,752** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES * X Excluded are 2,781,378 Class B shares held by Lavin's spouse as trustee or co-trustee of trusts for his benefit. Lavin disclaims beneficial ownership of such shares. - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11). 24.13%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * IN - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** 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. - ---------------------- --------------------- CUSIP NO. 013068200 13D Page 3 of 8 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BEL January 1995 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER -0- OF SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- ------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- ------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- 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). 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * 00 - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------- --------------------- CUSIP NO. 013068200 13D Page 4 of 8 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON BEL February 1996 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 477,474** OF SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- ------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 477,474** ------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 477,474** - -------------------------------------------------------------------------------- 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). 4.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * 00 - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** Includes Class B shares which are immediately convertible at the holder's option on a share for share basis into Class A shares. - ---------------------- --------------------- CUSIP NO. 013068200 13D Page 5 of 8 Pages - ---------------------- --------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Bernice E. Lavin Trust u/a/d 12/18/87 - -------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER 1,860,530** OF SHARES ------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY -0- ------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,860,530** ------------------------------------------------- PERSON 10 SHARED DISPOSITIVE POWER WITH -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,860,530** - -------------------------------------------------------------------------------- 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). 14.27% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * 00 - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** Includes Class B shares which are immediately convertible at the holder's option on a share for share basis into Class A shares. CUSIP No. 013068200 SCHEDULE 13D Page 6 of 8 - -------------------------------------------------------------------------------- Item 1. Security and Issuer. Title of Class of Securities: Class A common stock, $.22 par value per share ("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) Bernice E. Lavin ("Lavin") (2) Bernice E. Lavin Trust, u/a/d 12/18/87 ("December Trust") (3) BEL February 1996 Grantor Annuity Trust ("February Trust") (4) BEL January 1995 Grantor Annuity Trust ("January Trust") (b) Address: 1), 2), 3) and 4) c/o Bernice E. Lavin 2525 Armitage Avenue Melrose Park, IL 60160 (c) Principal Business: (1) Lavin, an individual,is a Director, Vice Chairman, Secretary and Treasurer of the Company (2) Trust Administration (3) Trust Administration (4) 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) Illinois trust (3) Illinois trust (4) Illinois trust Item 3. Source and Amount of Funds or Other Consideration. On January 23, 1997, Lavin, as co-trustee of the January Trust, transferred (i) 109,030, 109,030 and 109,030 Class B shares to Carol L. Bernick ("Mrs. Bernick"), as trustee or co-trustee of the trusts for the benefit of Lavin's adult children, including Mrs. Bernick and (ii) 3,371 Class B shares to herself as beneficiary. In addition, on January 23, 1997, Lavin as co-trustee of the February Trust, transferred 1,322,526 Class B shares to herself as beneficiary. Lastly, on January 23, 1997, Lavin individually transferred 1,325,897 Class B shares to herself as trustee of the December Trust. Item 4. Purpose of Transaction. Transfers of securities were 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. CUSIP No. 013068200 SCHEDULE 13D Page 7 of 8 - -------------------------------------------------------------------------------- Item 5. Interest in Securities of the Issuer. (a)(i)Amount of Class A Shares Beneficially Owned 3,383,752 shares total: 1,860,530 Class B shares held as trustee of the December Trust; 477,474 Class B shares held as co-trustee of the February Trust; 217,240 Class A shares and 326,864 Class B shares held as trustee of various trusts for the benefit of her children and grandchildren; 50,100 Class A shares and 150,300 Class B shares held as co-trustee of a trust for the benefit of Mrs. Bernick; and 271,244 Class A shares and 30,000 Class B shares held by Lavin Family Foundation (a charitable foundation of which Lavin is the Treasurer and a Director). (ii) Percentage of Class A shares Beneficially Owned*: 24.13% total: 14.27% as trustee of the December Trust; 4.1% as co-trustee of the February Trust; 4.73% as trustee of trusts for the benefit of Lavin's adult children and grandchildren; 1.77% as co-trustee of a trust for the benefit of Mrs. Bernick; and 2.69% by Lavin Family Foundation (based on 11,178,807 Class A shares outstanding as of January 23, 1997). * 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 Lavin have been converted into Class A shares. (b) Number of Shares as to Which Such Person Has: January December February Lavin Trust Trust Trust (i) Sole power to vote: 2,882,108(1) -0- 1,860,530(1) 477,474 (ii) Shared power to vote: 501,644(2) -0- -0- -0- (iii) Sole power to dispose: 2,882,108(1) -0- 1,860,530(1) 477,474 (iv) Shared power to dispose: 501,644(2) -0- -0- -0- (1) The above shares shown as owned by the December Trust and the February Trust are reflected as sole power of Lavin and the trust because Lavin has sole voting and investment power with respect to the shares held by the trust. 1,860,530 Class B shares held as trustee of the December Trust; 477,474 Class B shares held as co-trustee of the February Trust; 217,240 Class A shares and 326,864 Class B shares held as sole trustee of trusts for the benefit of Lavin's children and grandchildren. Lavin does not hold any shares of Class A Common Stock individually. (2) 271,244 Class A shares and 30,000 Class B shares held by Lavin Family Foundation; and 50,100 Class A shares and 150,300 Class B shares held as co-trustee of a trust for the benefit of Mrs. Bernick. Lavin shares the power to vote and dispose of the 271,244 Class A shares and 30,000 Class B shares held by Lavin Family Foundation with her husband, Leonard H. Lavin, and one of her adult children, Carol L. Bernick. Lavin is co-trustee of a trust for the benefit of Mrs. Bernick which holds 50,100 Class A shares and 150,300 Class B shares. The following information is presented with respect to Leonard H. Lavin and Carol L. Bernick, respectively. (i) Name of Person: Leonard H. Lavin Carol L. Bernick (ii) Address: 2525 Armitage Avenue Melrose Park, Illinois 60160 (iii) Principal Business: Leonard H. Lavin, an individual,is a Director and the Chairman of the Company. Carol L. Bernick, an individual, is a Director and Executive Vice President of the Company and President of Alberto-Culver USA, Inc., a subsidiary of the Company. (iv) Prior Criminal Convictions: None. CUSIP No. 013068200 SCHEDULE 13D Page 8 of 8 - -------------------------------------------------------------------------------- (v) Prior Civil Proceedings With Respect to Federal or State Securities Laws: None. (vi) Place of Organization: U.S. Citizen. An additional 2,781,378 Class B shares (which are not included above) are held by Lavin's husband as trustee or co-trustee of trusts for his benefit. Lavin disclaims beneficial ownership of such shares. (c) None, except as described in Item 3 above. (d) None. (e) On January 23, 1997, the February Trust and January Trust ceased to hold greater than 5% of a class of securities. The January Trust currently holds no equity securities of the Company. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. None. 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: March 5, 1997 Signature: /s/ Bernice E. Lavin Name/Title: Bernice E. Lavin, individually; as co-trustee of the BEL February 1996 Grantor Annuity Trust; as trustee of the Bernice E. Lavin Trust u/a/d 12/18/87; as co-trustee of the BEL January 1995 Grantor Annuity Trust; as co-trustee of another trust; and as sole trustee of trusts for the benefit of her children and grandchildren -----END PRIVACY-ENHANCED MESSAGE-----