I have news for you!
"A 300 Treadwear rating" means that the tire lasted at least 3x the reference tire.
It may have been exact 3 or it could have been 3.5 or 5. Depending on how the tire manufacturer wanted to "position" the tire in their lineup. It is illegal to overstate UTQG but nothing prevents manufacturer to understate it. Just to make it look more sporty, for example.
My 2005 Subaru Legacy GT had mediocore Bridgestone Potenza RE92 with 140 treadware rating (as far as I remember) that lasted into 40K. They were not as high performance as their treadware rating would make you believe.
Krzyś