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)
Executive Chairman
3. Date of Earliest Transaction (Month/Day/Year)
09/27/2010
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 09/27/2010 J 388,406 A $0 388,406 I See Note(1)
Common Stock 240,030 I See Note(2)
Common Stock 1,357,331 I See Note(3)
Common Stock 5,762,530 I See Note(4)
Common Stock 150,300 I See Note(5)
Common Stock 723,843 I See Note(6)
Common Stock 13,410 I See Note(7)
Common Stock 500,000 I See Note(8)
Common Stock 609,859 I See Note(9)
Common Stock 337,341 I See Note(10)
Common Stock 853,870 I See Note(11)
Common Stock 27,384 I See Note(12)
Common Stock 53,912 I See Note(13)
Common Stock 54,727 I See Note(14)
Common Stock 40,523 I See Note(15)
Common Stock 215,979 I See Note(16)
Common Stock 124,474 I See Note(17)
Common Stock 119,879 I See Note(18)
Common Stock 91,640 I See Note(19)
Common Stock 85,590 D
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. The authority to vote and dispose of such shares, which are held in a trust dated 9/18/01 for the benefit of the undersigned's descendants, was granted to the undersigned by designation of the co-trustees of such trust, which authority was exercised in connection with the Stockholder Agreement dated as of September 27, 2010 among Unilever N.V., the undersigned, such trust, Leonard Lavin, and certain other parties named in such Stockholder Agreement.***
2. Held by the undersigned as trustee of three trusts dated 11/14/89, each holding 80,010 shares and each for the benefit of a different relative***
3. Held by the undersigned as co-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 4/23/93 for her benefit.
5. Held by the undersigned as trustee of a trust dated 10/20/72 for her benefit.
6. Held by the undersigned as trustee of a trust dated 9/15/93 for her benefit.
7. Held by the undersigned as a participant in the Alberto-Culver 401(k) and Profit Sharing Plan. Represents equivalent shares calculated by taking the account balance in the Alberto-Culver Company Stock Fund divided by the closing stock price on September 28, 2010 of $37.69.
8. Held by the undersigned as co-trustee of a trust dated 12/18/87 for the benefit of her father.***
9. Held by the undersigned as co-trustee of a trust dated 9/18/01 for her benefit.
10. Held by the undersigned as trustee of a trust dated 11/9/09 for her benefit, which trust is a Grantor Annuity Trust.
11. Held by the undersigned as trustee of a trust dated 9/23/09 for her benefit, which trust is a Grantor Annuity Trust.
12. Held by the undersigned as co-trustee of a trust dated 10/29/08 for the benefit of her father, which trust is a Grantor Annuity Trust.***
13. Held by the undersigned as trustee of a trust dated 2/27/09 for her benefit, which trust is a Grantor Annuity Trust.
14. Held by the undersigned as trustee of a trust dated 10/30/08 for her benefit, which trust is a Grantor Annuity Trust.
15. Held by the undersigned as co-trustee of a trust dated 2/27/09 for the benefit of her father, which trust is a Grantor Annuity Trust.***
16. Held by the undersigned as co-trustee of a trust dated 9/28/09 for the benefit of her father, which trust is a Grantor Annuity Trust.***
17. Held by the undersigned as co-trustee of a trust dated 11/9/09 for the benefit of her father, which trust is a Grantor Annuity Trust.***
18. Held by the undersigned as trustee of a trust dated 4/5/10 for her benefit, which trust is a Grantor Annuity Trust.
19. Held by the undersigned as co-trustee of a trust dated 4/5/10 for the benefit of her father, 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/ Carol L. Bernick 10/29/2010
** 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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