What is the definition of informal transit that is referenced in v4 Step 2 guidance?

I am posting this question largely because the credit langauage is not very clear(maybe language nativity issues here). In the Reference Guide, "A Trip" is defined as follows-

We're working on a project with a big project site, and the nearest bus stop is more than 400m walking distance from some of the buildings.

Do we have two options for this credit:
1. locating the project within 1/4 mile radius
2. locating the project within 1/2 mile radius

or we have to fulfill both requirements?

The site is close to two different stops alexion and BDC but the two stops are serviced by the same routes ? can you count both stops towards the total number of buses i.e.

Our team is working on a project in Boston located near the MBTA Silver Line (0.46 miles from the Silver Line Way stop).

Hi all, what qualifies transit options as having commuter service only?

During the COVID pandemic, there has been a reduction in frequency of public transportation.  Are projects permited to use pre-pandemic rates when calculating number of trips, as the rate

 ?Is option 2 in Access to quality transit credit can be applied for boarding school project

In this credit is mentioned "Planned stops and stations may count if they are sited, funded, and under construction by the date of the certificate of occupancy and are complete within 24 m