BTW "meets most" likely doesn't sound too bad to non-Metamates. Internally it's a pretty bad mark on your record. It doesn't directly relate to being fired but a ton of people quit when they receive it. I view it as sort of a "pre-PIP" state.
(* Managers/directors will say it's only a suggestion but nobody really believes that. I'm sure management themselves are frowned upon for not having enough MM under them.)