Sorcerer: Do I get a Signature Spell whenever I learn a new level of spells?

[That Kind of Bard]

Seems intuitive enough; Reach 5th level, unlock 3rd level spells, the Signature Spells feature says you get one signature spell for each level you have, so I assume it works to give me a 3rd level signature spell. I just want to make sure because I forgot to do it when I first hit 5 and I've just now passed into 6th level so it'd be a good time to clarify that. Is this the general consensus of how this feature works?

[Captain Zoom]

That Kind of Bard wrote:

Seems intuitive enough; Reach 5th level, unlock 3rd level spells, the Signature Spells feature says you get one signature spell for each level you have, so I assume it works to give me a 3rd level signature spell. I just want to make sure because I forgot to do it when I first hit 5 and I've just now passed into 6th level so it'd be a good time to clarify that. Is this the general consensus of how this feature works?

Seems clear to me:

"For each spell level you have access to, choose one spell of that level to be a signature spell."

You get one signature spell for each spell level.

[Ravingdork]

That Kind of Bard wrote:

Do I get a Signature Spell whenever I learn a new level of spells?

Yes.

[mrspaghetti]

As I understand it, you also get to choose one 1st and one 2nd level spell from your repertoire and make those signature spells.