Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
BERNICK CAROL L
  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
(Last)
(First)
(Middle)
C/O ALBERTO-CULVER COMPANY, 2525 ARMITAGE AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2010
(Street)

MELROSE PARK, IL 60160
4. If Amendment, Date 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
(City)
(State)
(Zip)
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               240,030 I FN1 (1)
Common Stock               1,357,331 I FN2 (2)
Common Stock               5,762,530 I FN3 (3)
Common Stock               150,300 I FN4 (4)
Common Stock               723,843 I FN5 (5)
Common Stock               13,442 I FN6 (6)
Common Stock               500,000 I FN7 (7)
Common Stock               609,859 I FN8 (8)
Common Stock               337,341 I FN9 (9)
Common Stock               853,870 I FN10 (10)
Common Stock               27,384 I FN11 (11)
Common Stock               53,912 I FN12 (12)
Common Stock               54,727 I FN 13 (13)
Common Stock               40,523 I FN14 (14)
Common Stock               215,979 I FN15 (15)
Common Stock               124,474 I FN 16 (16)
Common Stock               119,879 I FN17 (17)
Common Stock               91,640 I FN18 (18)
Common Stock 12/08/2010   M   165,980 A $ 8.8533 251,570 D  
Common Stock 12/08/2010   M   258,191 A $ 13.9192 509,761 D  
Common Stock 12/08/2010   M   221,307 A $ 16.0813 731,068 D  
Common Stock 12/08/2010   M   194,258 A $ 17.2674 925,326 D  
Common Stock 12/08/2010   M   196,717 A $ 18.0564 1,122,043 D  
Common Stock 12/08/2010   M   174,800 A $ 20.305 1,296,843 D  
Common Stock 12/08/2010   M   106,500 A $ 24.995 1,403,343 D  
Common Stock 12/08/2010   M   68,150 A $ 27.255 1,471,493 D  
Common Stock               388,406 I FN22 (22)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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
Employee Stock Option (Right to Buy) $ 8.8533 12/08/2010   M     165,980   (19) 09/30/2011 Common Stock 165,980 (19) 0 D  
Employee Stock Option (Right to Buy) $ 13.9192 12/08/2010   M     258,191   (19) 09/30/2012 Common Stock 258,191 (19) 0 D  
Employee Stock Option (Right to Buy) $ 16.0813 12/08/2010   M     221,307   (19) 09/30/2013 Common Stock 221,307 (19) 0 D  
Employee Stock Option (Right to Buy) $ 17.2674 12/08/2010   M     194,258   (19) 10/26/2014 Common Stock 194,258 (19) 0 D  
Employee Stock Option (Right to Buy) $ 18.0564 12/08/2010   M     196,717   (19) 09/30/2015 Common Stock 196,717 (19) 0 D  
Employee Stock Option (Right to Buy) $ 20.305 12/08/2010   M     174,800   (19) 09/30/2016 Common Stock 174,800 (19) 0 D  
Employee Stock Option (Right to Buy) $ 24.955 12/08/2010   M     106,500   (20) 09/30/2017 Common Stock 106,500 (20) 35,500 D  
Employee Stock Option (Right to Buy) $ 27.255 12/08/2010   M     68,150   (21) 09/30/2018 Common Stock 68,150 (21) 68,150 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BERNICK CAROL L
C/O ALBERTO-CULVER COMPANY
2525 ARMITAGE AVENUE
MELROSE PARK, IL 60160
  X   X   Executive Chairman  

Signatures

 /s/James M. Spira as attorney-in-fact for Carol L. Bernick   12/09/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) 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***
(2) Held by the undersigned as co-trustee of a trust dated 10/31/98 for the benefit of her sister.***
(3) Held by the undersigned as trustee of a trust dated 4/23/93 for her benefit.
(4) Held by the undersigned as trustee of a trust dated 10/20/72 for her benefit.
(5) Held by the undersigned as trustee of a trust dated 9/15/93 for her benefit.
(6) 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 November 26, 2010 of $37.20.
(7) Held by the undersigned as co-trustee of a trust dated 12/18/87 for the benefit of her father.***
(8) Held by the undersigned as co-trustee of a trust dated 9/18/01 for her benefit.
(9) Held by the undersigned as trustee of a trust dated 11/9/09 for her benefit, which trust is a Grantor Annuity Trust.
(10) Held by the undersigned as trustee of a trust dated 9/23/09 for her benefit, which trust is a Grantor Annuity Trust.
(11) 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.***
(12) Held by the undersigned as trustee of a trust dated 2/27/09 for her benefit, which trust is a Grantor Annuity Trust.
(13) Held by the undersigned as trustee of a trust dated 10/30/08 for her benefit, which trust is a Grantor Annuity Trust.
(14) 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. ***
(15) 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.***
(16) 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.***
(17) Held by the undersigned as trustee of a trust dated 4/5/10 for her benefit, which trust is a Grantor Annuity Trust.
(18) 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.***
(19) The option is fully vested.
(20) This option became exercisable in four equal annual increments beginning on 9/30/2008.
(21) This option became exercisable in four equal annual increments beginning on 9/30/2009.
(22) The authority to vote and dispose of such shares was granted to the undersigned by the co-trustees of a trust dated 9/18/01 for the benefit of the undersigned's children.***
 
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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.