That is just part of the IDEs intellisense and it will pop up on your classes too. The descriptive sentence at the bottom can only be done with extra tools or on C#, but the parameters of the method or what not will show up. When there is more than one it just means it is an overloaded method.
VB Code:
'if you had multiple methods or even just one like this
Public Sub New(ByVal name as string)
Public Sub New(ByVal name as string, ByVal rank as string)
'when you go to use this class it will show the parameters
Dim obj as New MyClass('intellisense show stuff here