X0306 4 2018-09-04 0 0001703079 XAI Octagon Floating Rate & Alternative Income Term Trust XFLT 0001718218 Brombach Theodore J 321 N. CLARK STREET CHICAGO IL 60654 0 1 0 1 President & CEO Interested Trustee Common Shares of Beneficial Interest 2018-09-04 4 S 0 2600 9.8863 D 430800 D Common Shares of Beneficial Interest 10205 I XA Investments LLC Common Shares acquired by XA Investments LLC ("XAI"), the Trust's investment manager, to provide the Trust with required seed capital. Mr. Brombach may be deemed to indirectly beneficially own Common Shares owned by XAI, by virtue of his control of XAI. /s/ Theodore J. Brombach 2018-09-05