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Peanut Butter Dick (PBD) 

someone who’s so fucking lonely, pathetic, stupid that they use peanut butter to jerk their micro penis.
Ugh... Bentley’s complaining about his samsung again. What a peanut butter dick (pbd).”

peanut butter and penis

when you stick your dick inside a Peanut butter and jelly sandwich and you have someone take a bite ;)
girl: hey dude, u wanna do peanut butter and penis with me
guy: sure!
*10 minutes later
guy:owww my godamn cock!

peanut butter n jelly sandwich

When a girl is on her time of the month and a guy penetrates her then moves straight to her ass and then her mouth
"I gave kate a peanut butter n jelly sandwich last night she likes the chunks"

peanut butter pirate plunder 

A derivation of the peanut butter pirate in which the first mate pillages the anus of the second mate for the booty bounty rather than his own. Requires extrordinarly skill as the element of surprise is lost (usually) and the potential 'pirate' is aware that something is amiss.
I tried to pull off the peanut butter pirate plunder last night with my girl, but she guessed what I was doing and covered both of her eyes... I had to settle for giving her a dirty sanches.

peanut butter and jelly sandwich 

apply peanut butter to your penis and put jelly on a girl's pussy then proceed to have sex
me and this chick made a peanut butter and jelly sandwich last night

peanut butter suprise 

spread peanut butter on your dick and then fuck a girl in the ass; after ejaculation, force the girl to suck everything off the cock.
(optional) lick the Peanut Butter out of the girls ass.
Samantha wanted a snack so I gave her a Peanut Butter Suprise (PBS).