No it's not
ondemand mode is missing.
There are three modes
Static
Dynamic
Ondemand
pm = dynamic – the number of child processes is set dynamically based on the following directives: pm.max_children, pm.start_servers,pm.min_spare_servers, pm.max_spare_servers.
pm = ondemand – the processes spawn on demand (when requested, as opposed to dynamic, where pm.start_servers are started when the service is started.
pm = static – the number of child processes is fixed by pm.max_children.