Proof.
It is clear that (1) implies (2). It is also clear that (4) implies (1); the hypothesis of quasi-separation in (4) is used to guarantee that f_*\mathcal{L} is quasi-coherent via Schemes, Lemma 26.24.1.
Assume (2). We will prove (4). Let S = \bigcup V_ j be an open covering as in (2). Set X_ j = f^{-1}(V_ j) and f_ j : X_ j \to V_ j the restriction of f. We see that f is separated by Lemma 29.38.6 (as being separated is local on the base). By assumption there exists a quasi-coherent \mathcal{O}_{V_ j}-module \mathcal{E}_ j and an immersion i_ j : X_ j \to \mathbf{P}(\mathcal{E}_ j) with \mathcal{L}|_{X_ j} \cong i_ j^*\mathcal{O}_{\mathbf{P}(\mathcal{E}_ j)}(1). The morphism i_ j corresponds to a surjection f_ j^*\mathcal{E}_ j \to \mathcal{L}|_{X_ j}, see Constructions, Section 27.21. This map is adjoint to a map \mathcal{E}_ j \to f_*\mathcal{L}|_{V_ j} such that the composition
f_ j^*\mathcal{E}_ j \to (f^*f_*\mathcal{L})|_{X_ j} \to \mathcal{L}|_{X_ j}
is surjective. We conclude that \psi : f^*f_*\mathcal{L} \to \mathcal{L} is surjective. Let r_{\mathcal{L}, \psi } : X \to \mathbf{P}(f_*\mathcal{L}) be the associated morphism. We still have to show that r_{\mathcal{L}, \psi } is an immersion; we urge the reader to prove this for themselves. The \mathcal{O}_{V_ j}-module map \mathcal{E}_ j \to f_*\mathcal{L}|_{V_ j} determines a homomorphism on symmetric algebras, which in turn defines a morphism
\mathbf{P}(f_*\mathcal{L}|_{V_ j}) \supset U_ j \longrightarrow \mathbf{P}(\mathcal{E}_ j)
where U_ j is the open subscheme of Constructions, Lemma 27.18.1. The compatibility of \psi with \mathcal{E}_ j \to f_*\mathcal{L}|_{V_ j} shows that r_{\mathcal{L}, \psi }(X_ j) \subset U_ j and that there is a factorization
\xymatrix{ X_ j \ar[r]^-{r_{\mathcal{L}, \psi }} & U_ j \ar[r] & \mathbf{P}(\mathcal{E}_ j) }
We omit the verification. This shows that r_{\mathcal{L}, \psi } is an immersion.
At this point we see that (1), (2) and (4) are equivalent. Clearly (4) implies (3). Assume (3). We will prove (1). Let \mathcal{A} be a quasi-coherent sheaf of graded \mathcal{O}_ S-algebras generated in degree 1 over \mathcal{O}_ S. Consider the map of graded \mathcal{O}_ S-algebras \text{Sym}(\mathcal{A}_1) \to \mathcal{A}. This is surjective by hypothesis and hence induces a closed immersion
\underline{\text{Proj}}_ S(\mathcal{A}) \longrightarrow \mathbf{P}(\mathcal{A}_1)
which pulls back \mathcal{O}(1) to \mathcal{O}(1), see Constructions, Lemma 27.18.5. Hence it is clear that (3) implies (1).
\square
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