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1. Grease a 13 by 9 inch pan and set aside.
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2. In a large, microwave proof, bowl place your marshmallows, peanut butter, butter, and vanilla extract. Microwave for 1 minute and 30 seconds.
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3. Remove bowl, stir, and continue to microwave for 1-2 more minutes, stirring occasionally. You want your marshmallows to become smooth.
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4. Stir in rice cereal and Reese's Puffs.
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5. Pour into your prepared pan and press firmly.
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6. Let your treats cool for about 20 minutes, then cut and serve!