How does Membership Pro 2 handle indexing of protected content by search engines?

Greetings -

How does Membership Pro 2 handle indexing of protected content by search engines? Are protected pages indexed? Is content contained between shortcodes indexed?

Is indexing handled differently for different membership levels?

... and lastly, my WPMU Dev dashboard shows my installed version of Membership Pro 2 has a version number of 4.0.0.5, while the dashboard reports the latest version of the plugin is 1.0.2.1. (??) Could you clarify?

Thanks - Dennis McNeely