Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2024-12-19

Avinger Inc (AVGR)

Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

Jeffrey Soinski total, FY2024
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against AVGR
No companies currently name AVGR as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jeffrey Soinski
Chief Executive Officer
Nabeel Subainati
Principal Financial and Accounting Officer
Himanshu Patel
Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Jeffrey Soinski$924,295
Nabeel Subainati452,084
Himanshu Patel614,577

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantnot disclosed
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
202594,063
20242024-12-194,113,791107,651135,22194.43%Passed
20232023-12-22348,73842,9433,23688.31%Passed
20212021-12-2016,386,6462,898,775277,36083.76%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
2025a
20242024-12-1994.43%b
20232023-12-2288.31%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions are considered votes present and entitled to vote on this proposal, and thus, will have the same effect as a vote "against" the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions are considered votes present and entitled to vote on this proposal, and thus, will have the same effect as a vote "against" the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jeffrey M. SoinskiEmployee director$0$0$0$0$0
James G. CullenIndependent0
James B. McElweeIndependent0
Himanshu PatelIndependent · Partial-year service0
Tamara N. EliasIndependent0
09

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$75,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$0
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$0

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
Avinger Inc2024Jeffrey Soinskinot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Jeffrey SoinskiDEF 14A2024-07-110001437749-24-022583Section “Executive Compensation”. As printed: —. Filing ↗
2Section 01, Nabeel SubainatiDEF 14A2024-07-110001437749-24-022583Section “Executive Compensation”. As printed: —. Filing ↗
3Section 01, Himanshu PatelDEF 14A2024-07-110001437749-24-022583Section “Executive Compensation”. As printed: —. Filing ↗
4Section 08, Jeffrey M. SoinskiDEF 14A2024-07-110001437749-24-022583Section “Director Compensation”. As printed: 0. Filing ↗
5Section 08, James G. CullenDEF 14A2024-07-110001437749-24-022583Section “Director Compensation”. As printed: —. Filing ↗machine: t79 · r2 · c7 · span 210348–210349
6Section 08, James B. McElweeDEF 14A2024-07-110001437749-24-022583Section “Director Compensation”. As printed: —. Filing ↗machine: t79 · r3 · c7 · span 213029–213030
7Section 08, Himanshu PatelDEF 14A2024-07-110001437749-24-022583Section “Director Compensation”. As printed: —. Filing ↗
8Section 08, Tamara N. EliasDEF 14A2024-07-110001437749-24-022583Section “Director Compensation”. As printed: —. Filing ↗
9Section 06, 2025 voteForm 8-K2024-07-110001437749-24-022583Item 5.07 · say-on-pay result. As reported: —. Filing ↗
10Section 06, 2024 voteForm 8-K2024-12-190001437749-24-037978Item 5.07 · say-on-pay result. As reported: 94.43% (votes for as printed: 4,113,791). Filing ↗
11Section 06, 2023 voteForm 8-K2023-12-220001437749-23-035263Item 5.07 · say-on-pay result. As reported: 88.31% (votes for as printed: 348,738). Filing ↗
12Section 09b board cost (computed)ComputedcomputedCash 0 + equity 0 + all other 0 = 0, summed across the director compensation table rows.machine: formula: Σ = 0