I'd say that means that with his original values, he's targeting his negs to print at about grade III (or perhaps for scanning), which is a reasonable practice for 35mm, to minimize grain and maximize sharpness, and if he gives more exposure (rating at EI 250), that should produce better shadow separation, but then I think it would be useful to see the densities at EI 250, and I'd likely call it EI 250 in that developer. I don't think "true EI 400 film" is really meaningful. A film has a speed in a developer, and in AM-50 with the Heiland processor and Puts' agitation settings, it would seem to be less than 400.
I'd call the second set of values a bit overdeveloped, or maybe targeted to print on grade I with a diffusion enlarger. Zone VIII (there's a typo in the table--says "Zone VI" for Zone VIII) should be around 1.2-1.3.