How about let's make it more simpler. I suggest using these "stars" as rate of how good a reporter is.
Here's an example :
Activity:
Merit:
Post:

= Good Reporter (300 Good Reports)


= Excellent Reporter (1000 Good Reports)



= Legendary Reporter (5000 Good Reports)
This is what it looks like.
Optional And for those who have lot of Bad reports.

= Not Good Reporter (100 Bad Reports)


= Bad Reporter (200 Bad Reports)



= Worst Reporter (300 Bad Reports)
Edit.
if GoodReports >= BadReports then Good Report Stars will be shown.
else
Bad Report Stars will be shown.