Proof.
Let us prove this in the case of the étale topology.
Assume (1) holds. To show that \mathcal{F} is a sheaf, let \mathcal{U} = \{ U_ i \to U\} _{i = 1, \ldots , n} be a covering of S_{affine, {\acute{e}tale}}. The sheaf condition for \mathcal{F} and \mathcal{U}, by our assumption on \mathcal{F}. reduces to showing that
0 \to \mathcal{F}(U) \to \prod \mathcal{F}(U) \otimes _{\mathcal{O}(U)} \mathcal{O}(U_ i) \to \prod \mathcal{F}(U) \otimes _{\mathcal{O}(U)} \mathcal{O}(U_ i \times _ U U_ j)
is exact. This is true because \mathcal{O}(U) \to \prod \mathcal{O}(U_ i) is faithfully flat (by Lemma 35.9.1 and the fact that coverings in S_{affine, {\acute{e}tale}} are standard étale coverings) and we may apply Lemma 35.3.6. Next, we show that \mathcal{F} is quasi-coherent on S_{affine, {\acute{e}tale}}. Namely, for U in S_{affine, {\acute{e}tale}}, set R = \mathcal{O}(U) and choose a presentation
\bigoplus \nolimits _{k \in K} R \longrightarrow \bigoplus \nolimits _{l \in L} R \longrightarrow \mathcal{F}(U) \longrightarrow 0
by free R-modules. By property (1) and the right exactness of tensor product we see that for every morphism U' \to U in S_{affine, {\acute{e}tale}} we obtain a presentation
\bigoplus \nolimits _{k \in K} \mathcal{O}(U') \longrightarrow \bigoplus \nolimits _{l \in L} \mathcal{O}(U') \longrightarrow \mathcal{F}(U') \longrightarrow 0
In other words, we see that the restriction of \mathcal{F} to the localized category S_{affine, etale}/U has a presentation
\bigoplus \nolimits _{k \in K} \mathcal{O}_{affine}|_{S_{affine, {\acute{e}tale}}/U} \longrightarrow \bigoplus \nolimits _{l \in L} \mathcal{O}_{affine}|_{S_{affine, {\acute{e}tale}}/U} \longrightarrow \mathcal{F}|_{S_{affine, {\acute{e}tale}}/U} \longrightarrow 0
as required to show that \mathcal{F} is quasi-coherent. With apologies for the horrible notation, this finishes the proof that (1) implies (2).
Since the notion of a quasi-coherent module is intrinsic (Modules on Sites, Lemma 18.23.2) we see that the equivalence (35.11.1.1) induces an equivalence between categories of quasi-coherent modules. Thus we have the equivalence of (2) and (3).
The equivalence of (3) and (4) follows from Proposition 35.8.9.
Let us assume (4) and prove (1). Namely, let \mathcal{G} be as in (4). Let h : U \to U' \to S be a morphism of S_{affine, {\acute{e}tale}}. Denote f : U \to S and f' : U' \to S the structure morphisms, so that f = f' \circ h. We have \mathcal{F}(U') = \Gamma (U', (f')^*\mathcal{G}) and \mathcal{F}(U) = \Gamma (U, f^*\mathcal{G}) = \Gamma (U, h^*(f')^*\mathcal{G}). Hence (1) holds by Schemes, Lemma 26.7.3.
We omit the proof in the case of the Zariski topology.
\square
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