Racor filter
Turn the valve closed at the tank to prevent a loss of fuel while replacing the filter (and air will enter the line). Remember to open the valve after filter replacement, but before bleeding the fuel line and filter. A Pampers diaper placed under the filter will help to absorb any fuel spills. It does help when you "prefill" the new filter with fuel, with the bottom plastic cup attached, prior to screwing the filter on. Less pumping to do. I keep a small 1 gallon jug of diesel around just for prefilling the filter.The "slotted screw" sounds like the bleed hole. Loosen this prior to pumping air out of the filter (next). Remember to close this when you're done pumping and ready to continue bleeding the fuel lines.The "thumb and finger twist type" sounds like the bleed pump. When you twist this one, it will loosen a plunger that is used to "pump" fuel into the filter while air escapes out of the opening you made by loosening the slotted screw. You slowly pump until air no longer bubbles out of the opening and fuel beging to gush out while you pump. Prefilling the filter with fuel prior to attaching it will help to lessen the amount of pumping you have to do at this step. After you're sure the air is out, hand tighten the pump plunger closed, and tighen the slotted screw. Then you bleed the engine.The other opening on the top of the filter is probably for attaching a vacuum gauge. You can install a vacuum gauge in the top that help indicate when it's time to replace the filter.