SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Filed pursuant to Section 12, 13, or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 28, 1998 MOTHERS WORK, INC. (Exact name of issuer as specified in charter) DELAWARE 0-21196 13-3045573 (State or Other Jurisdiction Commission (I.R.S. Employer of Incorporation or Organization) file number Identification Number) 456 North 5th Street Philadelphia, PA 19123 (Address of principal executive offices) (215) 873-2200 (Registrant's telephone number, including area code) Item 5. Other Events. On August 28, 1998 the Company announced the appointment of William A Schwartz, Jr. to its Board of Directors to fill the remainder of the term of Mr. Marvin S. Traub. Mr. Schwartz is the President of U.S. Vision, Inc. ("USV"), one of the nation's largest optical retailers trading on The Nasdaq National Market under the symbol "USVI." Mr. Schwartz has more than 40 years experience in the optical retail industry. Prior to his arrival at USV in 1995, Mr. Schwartz had served as president and chief executive officer of Royal International Optical Corporation for six years. Mr. Schwartz also serves as a member of the board of directors of USV and Commerce Bank, a New Jersey banking institution with 76 branches serving Eastern Pennsylvania, New Jersey and Delaware trading on the New York Stock Exchange under the symbol "CBH." In connection with Mr. Schwartz's appointment, the Company will grant Mr. Schwartz, at the next annual meeting of the Company's stockholders (the "Annual Meeting"), options to purchase 2,000 shares of the Company's common stock at a price equal to the fair market value on the day prior to the grant date. Mr. Schwartz's term as a director of the Company will expire at the 2000 Annual Meeting. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits 99.1 Press release dated July 9, 1998. -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MOTHERS WORK, INC. Date: September 16, 1998 By: /s/ Thomas Frank ------------------ Thomas Frank, Chief Financial Officer -3- EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.1 Press release dated August 28, 1998.