A sub users control?

I have set up a sub user. If I choose SHARE ALL I will get new choises 1. View and Edit 2. edit - this I understand. But if I choose SELECT FROM MY FORMS - would the sub user then not be able to Edit or view submissions? 

For both options you can set the privilege to either VIEW SUBMISSIONS or EDIT FORMS (or both). For further info please see following article how to share forms with a sub-account user : https://www.jotform.com/help/232-How-to-Share-Forms-with-a-Sub-Account-User