Picture #1 looks just right to me.
But really, necktie hang length doesn't require absolute and intense precision. (And, indeed, it could well be argued that for various reasons such obsessive precision in how one dresses is a thing to be avoided.) If one's waist band is, say, an inch wide, then whether the tie hangs to the top of the waist band, or the middle of the waist band, is a difference having little real world significance.
Which doesn't mean that a few inches above the waistband, or a few inches below, is all the same. No. Just that precision to a fraction of an inch is quite unnecessary.
As for tie width, it depends. On one's build. On the nature of the necktie. (A knit tie, for instance, can often be narrower than other types of neckties.) On the lapel width of the jacket. On the age of the wearer. Even on things like the season, or the occasion in question. I wouldn't say that I'd choose a wider (or narrower) tie when wearing high waist pleated trousers than when wearing some other sort of pants, but if that's some other fellow's personal preference, fine.
Also, when wearing a tie, I try to wear a jacket (or at the very least, a sweater). And when wearing a jacket, the jacket is usually buttoned. So the precise length - and to some extent, width - of my tie isn't readily apparent.
Okay, if I'm seated, my jacket may be unbuttoned. But in that case, most of the time I'm sitting behind a desk or a table, thus the view of my lower tie is still blocked.