To directly answer the question, no, this is not a reason that qualifies as an Other reason exception. Even if it did, it would only eliminate the early-distribution penalty on this distribution, not the income tax.
Unless you waived the obligation, at least 30 days prior to making the distribution the employer was required to provide you with a written statement regarding your options to roll over the distribution to another retirement account and continue to defer this income. Failure by you to exercise one of these options is not a reason that you would qualify for a penalty exception. (If the employer failed to provide you with the required written explanation, which is unlikely, you might be able to do a late rollover under IRS Rev. Proc. 2020-46.)
