We report extensive monte-carlo and event-driven molecular dynamics simulations of a liquid composed by particles interacting via hard-sphere interactions complemented by four tetrahedrally coordinated short-range attractive ("sticky") spots, a model introduced several years ago by Kolafa and Nezbeda [J. Kolafa and I. Nezbeda, Mol. Phys. 161, 87 (1987)]. To access the dynamic properties of the model we introduce and implement a new event-driven molecular dynamics algorithm suited to study the evolution of hard bodies interacting, beside the repulsive hard-core, with a short-ranged inter-patch square well potential. We evaluate the thermodynamic properties of the model in deep supercooled states, where the bond network is fully developed, providing evidence of density anomalies. We show that, differing from models of spherically symmetric interacting particles, in a wide region of packing fractions the liquid can be super-cooled without encountering the gas-liquid spinodal. In particular, we suggest that there is one optimal packing fraction (not very different from the hexagonal ice packing fraction) at which the bond tetrahedral network fully develops. We find evidence of the dynamic anomalies characterizing network forming liquids. Indeed, around the optimal network packing, dynamics fasten both on increasing and decreasing the packing fraction. Finally we locate the shape of the isodiffusivity lines in the packing fraction-temperature plane and establish the shape of the dynamic arrest line in the phase diagram of the model. Results are discussed in connection to colloidal dispersions of sticky particles and gel forming proteins and their ability to form dynamically arrested states.