What it means is of your team, you were in the bottom 15% and maybe you weren't a bad employee, but you weren't even in the top half of your team.
Ah well. Despite what happened, it was the correct career move and I'd do it again.
That's a pretty poisonous attitude, since half the company isn't going to be in the top half of their team. And honestly, in my experience, most people have no idea whether they are at the 50% point or the 15% point.
It's like they say about escaping a hungry bear, you don't have the be the fastest runner to survive, you just have to be the second slowest runner.