SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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, Esq. Leonard H. Lavin
Neal, Gerber & Eisenberg 2525 Armitage Avenue
Two North LaSalle Street, Suite 2200 Melrose Park, Illinois 60160
Chicago, Illinois 60602 (708) 450-3100
(312) 269-8000
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 30, 2002
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(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 (S)240.13d-1(e), (S)240.13d-1(f) or
(S)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 (S)240.13d-7(b)
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 disclosures 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 pages)
Page 1 of 3 Pages
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CUSIP NO. 013068200 13D Page 2 of 3 Pages
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Except as specifically amended hereby, all other provisions of Leonard
H. Lavin's Schedule 13D filed on February 16, 2001, remain in full force and
effect. Capitalized terms used herein and not otherwise defined shall have the
same meanings ascribed to them in such Schedule 13D. Each Class B share is
immediately convertible at the option of the holder into one Class A share.
Item 4. Purpose of the Transaction.
On May 30, 2002, Alberto-Culver Company (the "Company") filed a
registration statement with the Securities and Exchange Commission relating to a
secondary public offering of up to 6,000,000 Class B shares owned by certain
stockholders of the Company (plus an additional 900,000 Class B shares subject
to the underwriters' over-allotment option). Class B shares to be sold in the
offering include Class B shares deemed to be beneficially owned by Mr. Lavin and
members of his family who propose to sell, in the aggregate, up to 4,254,000
Class B shares (excluding shares subject to the over-allotment option). Of these
shares offered to be sold, Mr. Lavin may be deemed to beneficially own 640,000
Class B shares. Mr. Lavin is not deemed to beneficially own any of the Class B
shares subject to the underwriters' over-allotment option.
Mr. Lavin has no present intention to purchase or sell any additional
Class A or Class B shares; however, depending on market conditions and other
relevant factors (including constraints imposed by Section 16(b) of the
Securities Exchange Act of 1934, as amended, as a result of the proposed sales
described above), from time to time, he may purchase or sell additional Class A
or Class B shares on the open market or pursuant to one or more privately
negotiated transactions, on such terms and at such times as he considers
desirable. Mr. Lavin may determine to continue to hold the Class A or Class B
shares beneficially owned by him, or may determine, from time to time, to
dispose of a portion of such shares.
Except as set forth in this Item 4, Mr. Lavin does not have any plans
or proposals that relate to or would result in any of the matters identified in
subparagraphs (a) through (j) of Item 4 of Schedule 13D.
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CUSIP NO. 013068200 13D Page 3 of 3 Pages
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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.
Dated: May 30, 2002
Signature: /s/ Leonard H. Lavin
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Name/Title: Leonard H. Lavin, individually; as
co-trustee of the Bernice E. Lavin Trust,
u/a/d 12/18/87; and as co-trustee of the
Leonard H. Lavin Trust u/a/d 12/18/87.