Adobe Photoshop CC 2014 v.14.xx - Manual (Page 648)

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3. Position the Convert Point tool over the anchor point you want to convert, and do one of the following:
To convert a corner point to a smooth point, drag away from the corner point to make direction lines appear.
Dragging a direction point out of a corner point to create a smooth point
To convert a smooth point to a corner point without direction lines, click the smooth point.
Clicking a smooth point to create a corner point
To convert a corner point without direction lines to a corner point with independent direction lines, first drag a direction point out of a
corner point (making it a smooth point with direction lines). Release the mouse button only (don’t release any keys you may have
pressed to activate the Convert Anchor Point tool), and then drag either direction point.
To convert a smooth point to a corner point with independent direction lines, drag either direction point.
Converting a smooth point to a corner point
Adjust path components
You can reposition a path component (including a shape in a shape layer) anywhere within an image. You can copy components within an image
or between two Photoshop images. Using the Path Selection tool, you can merge overlapping components into a single component. All vector
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