FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Insturctions 1(b)
( ) Form 3 Holdings Required
( ) Form 4 Holdings Required
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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
Brink G. Christopher
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(Last) (First) (Middle)
Sunday River Access Rd.
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(Street)
Bethel ME 04217
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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
July, 1999
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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
[ X ] Officer (give title below)
[ ] Other (specify below)
X
- ---- Form filed by One Reporting Person
- ---- Form filed by more than One Reporting Person
Senior Vice President of Marketing
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<PAGE>
Form 5 (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
Issuer's Fiscal (Instr. 4) (Instr. 4)
Year (Instr. 3
and 4)
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------ ------- -----
Amount (A) Price
or (D)
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</TABLE>
*If the Form is filed by more than one Reporting Person, see instruction 4(b)(v)
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly . (Print or Type Responses)
<PAGE>
Form 5 (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- able and Amount of Deriva- Deriva- form Beneficial
tive Price of (Month/ (Instr 8) tive Expiration Underlying tive tive of Ownership
Security Derivative Day/Year) Securities Date Securities Security Securities Deriva- (Instr. 4)
(Instr.3) Security Acquired (Month/ (Instr. 3 (Instr. 5) Beneficially tive
(A) or Day/Year) and 4 owned at Security
Disposed of end of Direct
(D) (Instr. Year (D) or
3,4, and 5) (Instr.4) Indirect (I)
(Instr.4)
(A) (D) Date Expir- Title Amount
Exer- ation or
cisable Date Number of
Shares
------- -------------- ----- ---------
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Option $7.00 10/22/98 A 40,000 *See 10/22/08 Common 40,000 N/A 40,000 D N/A
(right to Below Stock
purchase
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No. of Shares Vesting Date
8,000 10/22/99
8,000 10/22/00
8,000 10/22/01
8,000 10/22/02
8,000 10/22/03
</TABLE>
/s/G. Christopher Brink 09/10/99
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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.
