This will be my 4th or 5th year getting LTI. First time I went with 100% Options, which had the $115 grant price - I then cashed those out after the COVID rebound at $152. So I made out pretty well on those compared to if I took the RSU's at the time.
The next year I did 100% RSU, followed by a 50/50 split, then another 100% RSU. Tried to get a nice mix with what I have.
This year I'm going to do another 100% RSU. Looking at our stock price -- it hasn't grown at all in the past 3 years. And I'm not sure the growth is there to warrant options.
If you're young, don't need the money and think we have huge growth potential in the next 3-5-10 years, go with options.