Yup, this is the coupled selenium meter that works with the VI-T, VI-L, and P. I can't be sure from the picture, but it looks as if this is the later type with the swivel mounting foot, which allows you to pivot the meter out of the way so you can rewind film without removing it. It couples to the shutter speed dial (which is why it only works on the VI and P models) and provides direct readout in f/stops.
When found in working condition, this is a nice little meter, with two ranges and pretty good low-light sensitivity for a selenium model. The one pictured, though, looks a little odd. The meter is supposed to have a "fly's-eye" lens over the selenium cell; on this one, the lens appears to be missing.