When asking for feedback you can add priority, depending on the urgency of the feedback. The person(s) you have asked for feedback will get reminders depending on the time you have set.
This is what they mean:
Urgent - you would like feedback within 6 hours
High - you would like feedback within 12 hours
Medium - you would like feedback within 24 hours
Low - you would like feedback within 48 hours
No priority - you would like feedback whenever suitable for the feedbacker