This page serves a simple purpose; it allows you rename or move existing folders.
This page can only be reached by clicking the rename/move link/icon on any page where a folder is listed; it will always start by showing the name of the folder that was next to the rename/move link that was clicked.
When choosing to move a folder, the default option will be No Parent Directory, which means that the folder will show up when you first click in to the File Storage section. The drop-down menu can also be used to move the current folder into a different folder.