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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
JULY 15, 1998
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Date of report (Date of earliest event reported)
SUNTERRA CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Maryland 000-21193 95-4582157
(State or other Jurisdiction (Commission Title (IRS Employer
of Incorporation) Number) Identification Number)
1875 SOUTH GRANT STREET, SUITE 650
SAN MATEO, CALIFORNIA 94402
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(Address of Principal Executive Offices)
(650) 312-7171
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On July 15, 1998, Signature Resorts, Inc. (the "Company") announced
that it had changed its corporate name to Sunterra Corporation. Shareholders
approved the name change at the Company's 1998 Annual Meeting which was held on
May 15, 1998. The Company's Common Stock will continue to trade under the symbol
"OWN" on the New York Stock Exchange.
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Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized
SUNTERRA CORPORATION
By: /s/ ANDREW D. HUTTON
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Name: Andrew D. Hutton
Title: Vice President,
General Counsel and Secretary
Dated: July 21, 1998