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Here is a proposed patch to both docs and help output. The help output now looks like this:
usage: compileall.py [-h] [-l] [-f] [-q] [-b] [-d DESTDIR] [-x REGEXP]
 [-i FILE]
 [FILE|DIR [FILE|DIR ...]]
Utilities to support installing Python libraries.
positional arguments:
 FILE|DIR zero or more file and directory names to compile; if no
 arguments given, defaults to the equivalent of -l sys.path
optional arguments:
 -h, --help show this help message and exit
 -l don't recurse into subdirectories
 -f force rebuild even if timestamps are up to date
 -q output only error messages
 -b use legacy (pre-PEP3147) compiled file locations
 -d DESTDIR directory to prepend to file paths for use in compile time
 tracebacks and in runtime tracebacks in cases where the source
 file is unavailable
 -x REGEXP skip files matching the regular expression. The regexp is
 searched for in the full path to each file considered for
 compilation.
 -i FILE add all the files and directories listed in FILE to the list
 considered for compilation. If "-", names are read from stdin.