Prepare a 8-inch square pan with aluminum foil, letting the edges overhang slightly. Spray evenly with cooking spray.
In a large microwave-safe bowl, combine butter, honey, brown sugar, and heat on high power for 3-4 minutes, stopping every minute to stir mixture. Use caution when stirring as the mixture begins to caramelize and get bubbly as it may cause burns.
Remove from microwave and add vanilla. Mixture will bubble up.
Stir in the Honey Nut Cheerios, coating evenly.
Stir in the butterscotch morsels and shredded coconut, the morsels may get melty and that’s okay.
Spread your Honey Nut Cheerios mixture into your prepared pan, using a spatula to spread it evenly. Lightly buttering the spatula will help keep it from sticking)
Cover tightly and place pan in fridge to set up for at least 2 to 3 hours completely set before cutting, you can also freeze for one hour .
Drizzle with butterscotch and sprinkle with sea salt.
Cut into approximately 12 bars.
Keep in the refrigerator for about two weeks, can be frozen in an airtight container for up to 6 months. Wrap in waxed paper before placing into a container to protect flavors.