FORM 4
[X] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue.
See Instructions 1(b).
U.S. 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, Section
17(a) of the Public Utility Holding Company
Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Cook Warren C.
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(Last) (First) (Middle)
RR #1, Box 1710
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(Street)
Kignfield ME 04947
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
American Skiing Company (SKI)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
December, 1998
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] 10% Owner
[ ] Director
[ ] Officer (give title below)
[ X ] Other (specify below)
Former Officer
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
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<PAGE>
Form 4 (continued)
<TABLE>
<CAPTION>
TABLE I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<S> <C> <C> <C> <C> <C> <C>
1.Title of Security 2. Transaction Date 3. Transaction 4. Securities Acquired 5. Amount of 6. Owernship 7. Nature of
(Instr. 3) (Month/Day/Year) Code (A) or Disposed of Securities Form: Indirect
(Instr. 8) (D)(Instr. 3, 4 Beneficially Direct (D) Beneficial
and 5) Owned at End of Indirect (I) Ownership
Month (Instr. 3 (Instr. 4) (Instr. 4)
and 4)
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------ --------- ------ ------- -----
Code V Amount (A) Price
or (D)
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</TABLE>
Reminder: Report on a separate line for each class of security beneficially
owned directly or indirectly . (Print or Type Responses)
<PAGE>
Form 4 (continued)
<TABLE>
<CAPTION>
TABLE II -Derivative Securities Acquired, Disposed of, or Beneficially owned
(e.g., put, calls, warrants, options, convertible securities)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1.Title 2.Conversion 3.Trans- 4.Trans- 5.Number 6.Date 7.Title 8.Price 9.Number 10.Owner- 11.Nature of
of or action action of Exercis- and of of ship Indirect
Deriva Exercise Date Code Deriva- and Expir- Amount of Deriva- Deriva- form Beneficial
tive Price of (Month/ (Instr 8) tive ation Date underlying tive tive of Ownership
(Instr. 3) Security (Month/ Securities Security Securities Deriva- (Instr. 4)
Day/Year) (Instr. 3 (Instr. 4) Beneficially tive
and 4 owned at Security
end of Direct
Month (D)
(Instr.4) Indirect (I)
Code V (A) (D) Date Expir- Amount
Exersis ation or
able Date Title Number of
Shares
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</TABLE>
Explanation of Responses:
/s/ Warren C. Cook 1/8/99
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**Signature of Reporting Person Date
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18.U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 5 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 display a current valid
OMB Number.
