NEW YORKThe executive chairman of Fidelity National Information Services Inc., which provides processing services to financial institutions, exercised options for about $1\mathrm{.}1$ million shares of common stock, according to a Securities and Exchange Commission filing Thursday. In a Form $4$ filed with the SEC, William Foley reported he exercised options for the shares Wednesday for $$15\mathrm{.}63$ apiece, and then sold $1$ million of them for $47$ apiece. Foley also surrendered $604,896$ shares back to the company for $48$ apiece. $(1)$ Insiders can surrender shares as a way to cover either taxes or the cost of exercising options. $(2)$ Insiders file Form $4$s with the SEC to report transactions in their companies $\text{'}$ shares. $(3)$ Open market purchases and sales must be reported within two business days of the transaction. $(4)$ Fidelity National Information Services $($nyse: FISnews$-$ people $)$ is based in Jacksonville $,$ FlaCopyright $2007$ Associated Press The sentence following the number $(1)$ can be best characterized as