This menu is new to Mac, as it first appeared in macOS Mojave in 2018. Before then, Mac users were limited to either using ⇧⌘3 to take a screenshot of the whole screen or ⇧⌘4 to select an area (these shortcuts still work the same). If you’re using one of the macOS versions before Mojave, make sure to update to the latest macOS available to make full use of the snipping tool on Mac.