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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 2, 2005
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R. G. BARRY CORPORATION
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(Exact name of registrant as specified in its charter)
Ohio 1-8769 31-4362899
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
13405 Yarmouth Road N.W., Pickerington, Ohio 43147
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(Address of principal executive offices) (Zip Code)
(614) 864-6400
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions [(see General Instruction A.2. below)]:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS.
Item 1.01 Entry into a Material Definitive Agreement.
At a meeting held on August 2, 2005, the Board of Directors (the
"Board") of R. G. Barry Corporation (the "Company") adopted changes in the
Company's compensation for directors. The annual retainer fee to be paid to
directors has been increased to $20,000 from $17,000. In addition, the Board
approved the payment of annual retainers in the additional amount of $5,000 to
each of the Chairman of the Board and the Chairman of the Audit Committee, and
the payment of annual retainers in the additional amount of $2,500 to each of
the Chairman of the Compensation Committee and the Chairman of the Nominating
and Governance Committee. These changes become effective September 1, 2005 and
retainer payments for the remainder of 2005 will be pro-rated to reflect this
increase.
This summary does not purport to be complete and is qualified in its
entirety by reference to the revised summary of Company's compensation for
directors attached hereto as Exhibit 10 and incorporated herein by reference.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
Exhibit No. Exhibit Description
10 Description of Compensation for Directors of R. G. Barry
Corporation
SIGNATURES
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.
R. G. BARRY CORPORATION
August 4, 2005 By: /s/ Daniel D. Viren
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Daniel D. Viren
Senior Vice President - Finance, Chief
Financial Officer and Secretary