A man who pegs another person with a wooden peg or any other phallus-shaped object. The act of pegging is considered the highest form of self-realisation.
"Hey David, i enjoyed my isobation a lot. But then I pegged Tim on the weekend and it changed my life!"
"No shit, you're a real pegman now. Does anyone else know what it's like?"
"No one knows what it's like to be the bad man, to be the pegman."
"That's deep."