Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  COLVILLE G CHRISTOPHER
 2. Date of Event Requiring Statement (Month/Day/Year)
08/13/2012		 3. Issuer Name and Ticker or Trading Symbol
SIGNATURE GROUP HOLDINGS, INC. [SGGH]
(Last)
(First)
(Middle)
SIGNATURE GROUP HOLDINGS, INC., 15303 VENTURA BLVD. SUITE 1600		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SHERMAN OAKS, CA 91403		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
SGH Common Stock 105,695 (1)
D
 
SGH Common Stock 250,000 (2)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
COLVILLE G CHRISTOPHER
SIGNATURE GROUP HOLDINGS, INC.
15303 VENTURA BLVD. SUITE 1600
SHERMAN OAKS, CA 91403		   X      

Signatures

G. Christopher Colville 08/15/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As part of an annual compensation package that has cash and equity components, Mr. Colville received restricted shares of common stock valued at $30,122.95 following his recent election to the Board of Directors of Signature Group Holdings, Inc. The amount of his cash and equity compensation was prorated, pursuant to a resolution of the Board, for the interim period between August 6, 2012 and December 31, 2012. These shares are scheduled to vest on 1/1/2013.
(2) In June 2010, certain investors who made significant financial contributions to the Company received through a private placement unregistered shares of SGH common stock valued at $0.80 per share, subject to a Registration Rights Agreement (the "Agreement") signed by the Company and approved as part of the Plan of Reorganization to bring the former Fremont General Corporation out of bankruptcy. Mr. Colville held his shares as a tenant in common with Ms. Nancy Colville for the requisite two years pursuant to the Agreement, and neither Mr. Colville nor Ms. Colville were ever affiliated with SGH other than as investors until Mr. Colville became a director of the Company on 8/6/2012. The restrictions on transfer of the stock were removed on 12/29/2011.

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