SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BERNICK CAROL L

(Last) (First) (Middle)
C/O ALBERTO-CULVER COMPANY
2525 ARMITAGE AVENUE

(Street)
MELROSE PARK IL 60160

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Alberto-Culver CO [ ACV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 723,843 I FN7(7)
Common Stock 224,808 I FN2(2)
Common Stock 13,141 I FN8(8)
Common Stock 5,955,857 I FN4(4)
Common Stock 1,357,331 I FN3(3)
Common Stock 500,000 I FN12(12)
Common Stock 500,000 I FN11(11)
Common Stock 609,859 I FN13(13)
Common Stock 150,300 I FN6(6)
Common Stock 240,030 I FN1(1)
Common Stock 316,096 I FN5(5)
Common Stock 08/13/2007 G V 100,627 D (9) 166,431 I FN9(9)
Common Stock 08/13/2007 J V 166,431 D (15) 0 I FN15(15)
Common Stock 08/13/2007 J V 166,431 A (10) 566,431 D
Common Stock 09/14/2007 J V 566,431 D (16) 0 D
Common Stock 09/14/2007 J V 566,431 A (17) 566,431 I FN17(17)
Common Stock 247,436 I FN14(14)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Held by the undersigned as co-trustee of three trusts dated 11/14/89 each holding 80,010 shares and each for the benefit of a different relative***
2. Held by the undersigned as trustee of a trust dated 4/23/93 for her benefit.
3. Held by the undersigned as trustee of a trust dated 10/31/98 for the benefit of her sister.***
4. Held by the undersigned as trustee of a trust dated 4/17/02 for her benefit.
5. Held by the undersigned as trustee of two trusts dated 2/2/06 for her benefit, which trusts are Grantor Annuity Trusts and hold an equal number of shares.
6. Held by the undersigned as co-trustee of a trust dated 10/20/72 for her benefit.
7. Held by the undersigned as trustee of a trust dated 9/15/93 for her benefit.
8. Held by the undersigned as a participant in the Alberto-Culver Company Employees' Profit Sharing Plan.
9. Gifted by the undersigned as trustee of two trusts dated 4/28/05 for her benefit, which trusts are Grantor Annuity Trusts.
10. Exempt from reporting under Rule 16a-13 as this transaction effects only a change in form of beneficial ownership without changing the undersigned's pecuniary interest. Includes 400,000 shares transferred to the undersigned on September 14, 2007 from her former spouse pursuant to a divorce decree. Due to the divorce, the undersigned no longer reports as beneficially owned shares held by Mr. Howard Bernick.
11. Held by the undersigned as co-trustee of a trust dated 12/18/87 for the benefit of her father.***
12. Held by the undersigned as co-trustee of a trust dated 12/18/87 for the benefit of her mother.***
13. Held by the undersigned as co-trustee of a trust dated 9/18/01 for her benefit.
14. Held by the undersigned as trustee of two trusts dated 7/27/06 for her benefit, which trusts are Grantor Annuity Trusts and hold an equal number of shares.
15. Exempt from reporting under Rule 16a-13 as this transaction effects only a change in form of beneficial ownership without changing the undersigned's pecuniary interest. Held by the undersigned as trustee of two trusts dated 4/28/05 for her benefit, which trusts are Grantor Annuity Trusts.
16. Exempt from reporting under Rule 16a-13 as this transaction effects only a change in form of beneficial ownership without changing the undersigned's pecuniary interest. Transferred by the undersigned to a trust dated 8/31/07 for her benefit, which trust is a Grantor Annuity Trust and of which trust she is the trustee.
17. Exempt from reporting under Rule 16a-13 as this transaction effects only a change in form of beneficial ownership without changing the undersigned's pecuniary interest. Held by the undersigned as trustee of a trust dated 8/31/07 for her benefit, which trust is a Grantor Annuity Trust.
Remarks:
***The filing of this report shall not be deemed an admission by the undersigned that she is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934.
/s/James M. Spira as attorney-in-fact for Carol L. Bernick 09/25/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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