When running ods-signerd -d -vvvvv -1 there is no problem; adding another -v option (or even more) causes a Segmentation Fault.
Probable cause is supplying wrong arguments to a vprintf().
GDB dump follows.
Program received signal SIGSEGV, Segmentation fault.
[Switching to Thread 0x7ffff3b1f700 (LWP 21819)]
0x00007ffff6b59d8a in vfprintf () from /lib/libc.so.6
(gdb) up
#1 0x00007ffff6b7b3f2 in vsnprintf () from /lib/libc.so.6
(gdb) up
#2 0x00000000004150d0 in ods_log_vmsg (priority=7, t=0x430e9c "debug ",
s=0x433ac8 "[%s] file %s not modified since (file %u, mem %u)",
args=0x7ffff3b1ec70) at shared/log.c:218
218 vsnprintf(message, sizeof(message), s, args);