Two sailing vessels are approaching one another so as to involve risk of collision. Under COLREGs Rule 12, which vessel must keep out of the way when each has the wind on a different side, and which when both have the wind on the same side?

1. Different sides: vessel with wind on port side gives way; Same side: windward vessel (barlovento) gives way to leeward vessel (sotavento)
2. Different sides: vessel with wind on starboard side gives way; Same side: leeward vessel gives way
3. The larger sailing vessel always stands on regardless of wind direction
4. The vessel sailing downwind always stands on over the vessel sailing close-hauled