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1.
The way a dude walks or waddles when he has a boner.
I saw Doug at the park an hour ago and he had a boner swag going, it was hilarious.

In class Bryan was getting his back rubbed by Delaney and as soon as the bell rang he left with a Boner Swag.
by Elpuma13 February 07, 2012
 
2.
The waddle/limp walk that a person (male, trans-gender) Does when they have a boner.
I Saw Robbie walking out of class with his book over his crotch, he appeared to be limping... tsk tsk, must've had boner swag!
by ajhgui1 August 11, 2012