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): July 9, 1999 ASC East, Inc. (Exact name of Registrant as specified in its charter) Maine 333-9763 01-0503382 (State or other (Commission (I.R.S. Employer jurisdiction of or File Number) Identification No.) incorporation) P.O. Box 450, Bethel, Maine 04217 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (207) 824-5196 Former name or former address, if changed since last report: Not Applicable Item 5. Other Events. See Press Release attached as Exhibit 99.1 hereto, issued jointly by the Registrant's parent, American Skiing Company, and Oak Hill Capital Partners, L.P. on July 12, 1999. Item 7. Financial Statements and Exhibits. (a) Financial statements of businesses acquired. None. (b) Pro forma financial information. None. (c) Exhibits. 2.1. Preferred Stock Subscription Agreement dated July 9, 1999 between American Skiing Company and the Purchasers listed on Annex A thereto, including a form of Stockholders' Agreement, Voting Agreement and Certificate of Designation relating to the preferred stock to be issued. 99.1.Press Release issued jointly by the American Skiing Company and Oak Hill Capital Partners, L.P. on July 12, 1999. EXHIBIT INDEX Exhibit No. Description 2.1. Preferred Stock Subscription Agreement dated July 9, 1999 between American Skiing Company and the Purchasers sisted on Annex A thereto, including a form of Stockholders' Agreement, Voting Agreement and Certificate of Designation relating to the preferred stock to be issued. 99.1.Press Release issued jointly by American Skiing Company and Oak Hill Capital Partners, L.P. on July 12, 1999. 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. ASC EAST, INC. Date: July 10, 1999 /s/ Mark J. Miller ------------------------------------------- Name: Mark J. Miller Title: Senior Vice President Chief Financial Officer (Principal Financial and Accounting Officer) Date: July 10, 1999 /s/ Christopher E. Howard ------------------------------------------ Name: Christopher E. Howard Title: Executive Vice President (Duly Authorized Officer)