here is the stub file snapshot:

A typical stub file has these attributes: offline attribute ( it tells the other applications the file data is not in local, e.g.,antivirus software, backup software they can skip these files); reparse point attribute, you can put your data up to 14kb to the reparse point tab; sparse file attribute.
When you or a Windows® application accesses a migrated file stub, the Windows operating system transparently directs a file access request to the HSM for Windows client file system filter driver. This driver retrieves the full file from the repository to which it was migrated.
When a file is restored but not changed, that file is "re-stubbed" during the next migration process.
When a file is recalled, modified, and migrated again, that new version of the file is stored in the Storage Manager storage.