I don't care; as far as I'm concerned, that argument is isomorphic to "would $1MM literal dollars be enough for what they saw, or should the number be higher". Maybe. But the right to buy shares is not really a meaningful distinction to the simple issuance of shares in this historical context. That's all I'm arguing.
Options and RSUs are both universally acknowledged as consideration. That's all I'm arguing. Should it have been $1MM in stock, or $50MM, or $200k? Hell if I know.