Preheat oven to 425F.
Clean shrimp, rinse, and pat dry.
In a small bowl, combine the coconut and panko. In a separate small bowl, break the egg and whisk lightly, and in a third bowl, whisk together the flour and seasonings.
Dip your shrimp first in the flour, shaking off the excess, then the egg, and then the coconut-panko mixture.
Place shrimp on a baking sheet lined with parchment, and spray lightly with nonstick spray.
Bake shrimp for 10 minutes, then flip and bake for 6-7 minutes longer.
When ready to serve, mix together the mayonnaise and as much sriracha hot sauce as desired. Enjoy!