Meaning of "bug-man"
I have heard the expression bug-man (I am not sure if this is the correct spelling) in many movies. I had tried to google it, but I couldn't find an understandable definition.

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Well, according to Urban Dictionary, a bug man is "A homosexual who has contracted HIV." I hadn't heard the term before. Could you be hearing "butt man"? This is a man who finds women's butts to be the most attractive part.

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I think the expression you heard was probably 'bogey-man' . It's a general term for someone who is scary.

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i  think that bug means insect in here !cause this movie is about insect man!