Sorry know it all but it does not. You can turn it off in gear and it does not go into neutral until your foot is applied to the brake and started, it then goes into neutral. Maybe you should know what your talking about before you comment. The alarm beeping/ parking brake has nothing to do about anything I was asking. My concern was I would leave in gear and it would never be able to roll with out brake on now it does. If you can't help with that, then keep your comments to yourself.
I apologize, I was making a joke. But I assure you, I know exactly what I'm talking about with the Spyder, having ridden not only my own but other models (RT, ST) for three years now.
But, given the chance that this behavior was always present in my SE5 and I somehow never noticed it once in those three years, I just left my office to the parking lot to run through the following routine:
1. Shut bike off in neutral using both key and kill switch: Spyder rolls free until I apply the parking brake, as we both would expect.
2. Select first gear, shut off using both key and kill switch: rolls free until I apply the parking brake. This is how my bike has always worked, but I'll of course accept that your bike behaves differently.
FYI, even while the bike is *running* in first gear, my bike rolls free without the parking brake, i.e. I hopped off while it was running and in first and my Spyder behaves the same as if the engine was off.
3. Select reverse, shut off using both key and kill switch: just for grins, I tried this, and the bike rolls free until I apply the parking brake.
Bottom line: the only way *my* Spyder RS SE5 doesn't move, in gear or not, is if the parking brake is engaged. (*Fully* engaged... I gotta tighten that sucker back up again!).
As for this, you wrote: "You can turn it off in gear and it does not go into neutral until your foot is applied to the brake and started, it then goes into neutral." How do you start your bike *without* applying your foot to the brake?
That said, I do believe you are correct there, insofar as when started the gear indicator light is dark until it shows "N". But I think that's just the indicator light behavior-- as others above me said, the SE5 clutch disengages once the bike is shut off, i.e. it's practically indistinguishable from neutral. Or, at least, it's *supposed* to disengage-- and your bike may not. Or, it *didn't* before now.
So, to sum up:
-- I'm genuinely sorry for the snark.
-- My experience is completely different than yours.
-- *One of us* has a weird Spyder!
pps: 
