Question · Equity-settled, cash-settled or with a choice of settlement

Verano SA has two plans. Plan A: after three years of service, each executive receives 200 shares of Verano. Plan B: after three years of service, each executive receives in cash an amount equal to the rise in Verano's share price over the period, multiplied by 200. Write a short note classifying each plan by settlement method and justifying the classification.