Preheat the oven to 350°F (175°C).
In a mixing bowl, cream together the softened butter, brown sugar, and granulated sugar until light and fluffy.
Beat in the egg and vanilla extract until well combined.
In a separate bowl, whisk together the rolled oats, flour, baking soda, and salt.
Gradually add the dry ingredients to the wet mixture, mixing until just combined.
Fold in the chocolate chips and shredded coconut until evenly distributed.
Scoop tablespoon-sized portions of dough onto a lined baking sheet, spaced about 2 inches apart.
Bake in the preheated oven for 10-12 minutes, or until the edges are golden brown.
Remove from oven and let cool on the baking sheet for 5 minutes before transferring to a wire rack.