Microwave candy coating in a glass bowl at HIGH 1 1/2 minutes or until melted, stirring twice. Pour candy into a wax paper-lined 8-inch square pan, spreading evenly. Cool at room temperature until firm to the touch (25 to 30 minutes).
Cut into star shapes with lightly greased graduated star-shaped cutters. (Gently press each point of star, working around the star until it can be removed from the cutter.) Brush tops of stars with clear vanilla extract. Using a small, dry paintbrush, brush luster dust over stars. Sprinkle stars with sparkling sugar and glitter.
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