Phase is a term used when there is a particle which is vibrating with a period $T$ to describe what fraction of a complete oscillation the particle has completed when it is at some new position.
So the clock is started when the particle is at a particular point in the oscillation and moving in a particular direction.
The time taken for the particle to reach that point again whilst moving in the same direction is called the period $T$.
If the particle is in some new position after a time $t$ the en fraction of an oscillation that the particle has undergone is $\frac t T$.
In your statement $(2)$ the clock is started when the particle is at position $y=0$ and moving in the positive y-direction and the time $t$ is measured when the particle is at some new position.
The fraction of a complete oscillation that the particle has undergone when in its new position is $\frac t T$ and this is called the phase.

If the particle was at position $y=0$ and moving in the opposite direction to that when the clock was started the time taken would be $\frac T 2$ and the fraction of a complete oscillation that the particle has undertaken in that time is the pahse $= \frac{T/2}{2}= \frac 12$.
Often it is more convenient not to talk about fractions of a complete oscillation but to define one complete oscillation as either $360^\circ$ or $2 \pi^{\rm c}$ and then the phase angle is defined as $\frac t T \times 360^\circ$ or $\frac t T \times 2 \pi ^{\rm c}$.
For the motion depicted below using your statement $(2)$ the fraction of a complete oscillation that the particle has undertaken between time $1_1$ and time $t_2$ is $\frac {t_2-t_1}{T}$.
Note that this is the same fraction of a complete oscillation that the particle has undergone between time $t_3$ and time $t_4$ because $t_4-t_3=t_2-t_1$
Your statement $(1)$ is not correct because the speed of the oscillating particle is not constant so the position of the particle is not proportional to time.
Suppose that $t_2 - t_1 = \frac T 8$ and the graph shown in the diagram is sinusoidal.
This means that in that period of time the particle has undergone $\frac 1 8$th of a complete oscillation, phase $= \frac 1 8$.
If the amplitude of motion of the particle is $A$ then at time $\frac T 8$ the position of the particle is $y = \frac {A}{\sqrt 2}$ then $\frac {A/\sqrt 2}{A}= \frac {1}{\sqrt 2}$ is not the fraction of a complete oscillation that the particle has completed in a time $\frac T 8$.