1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 Date of Report (Date of earliest event reported) March 31, 2000 DANIEL GREEN COMPANY (Exact name of registrant as specified in its charter) Massachusetts 000-00774 150327010 (State or other (Commission (I.R.S. Employer jurisdiction of incorporation) File Number) Identification No.) One Main Street, Dolgeville, New York 13329 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (315) 429-3131 (Former name or former address, if changed since last report.) 2 ITEM 5. OTHER EVENTS On March 31, 2000, Daniel Green Company (the "Company") announced that effective May 1, 2000, the Company's headquarters and distribution operation currently located in Dolgeville, New York will relocate to, and consolidate with the operations of Penobscot Shoe Company located in Old Town, Maine. The Company acquired Penobscot on March 30, 2000. Penobscot is a manufacturer of women's footwear under the Trotters and newly introduced Softwalk labels. Based in Old Town, Maine, Penobscot sales for the fiscal year ended November 30, 1999 were $21.7 million and its net pre-tax income was $3.2 million. The Penobscot assets will be used by Daniel Green in expanding its business as a leader in designing and selling well known branded slippers, including its line of women's slippers, L.B. Evans mens slippers and Woolrich mens slippers. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. Exhibit A - Press Release dated March 31, 2000. SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto authorized. DANIEL GREEN COMPANY (Registrant) Dated: March 31, 2000 By: /s/ James R. Riedman --------------------- James R. Riedman, CEO