FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Hanley Walter P   2. Issuer Name and Ticker or Trading Symbol LKQ CORP [lkqx] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Senior VP -- Development (Last) (First) (Middle) C/O LKQ CORPORATION, 120 NORTH LASALLE STREET, SUITE 3300 3. Date of Earliest Transaction (Month/Day/Year) 12/07/2010 (Street) CHICAGO, IL 60602 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 12/07/2010   M   60,000 A $ 4.49 122,000 D   Common Stock 12/07/2010   M   52,000 A $ 4.42 174,000 D   Common Stock 12/07/2010   S   11,130 D $ 22.4649 162,870 D   Common Stock 12/07/2010   S   100,870 D $ 22.4231 62,000 D   Common Stock 12/08/2010   M   8,000 A $ 4.42 70,000 D   Common Stock 12/08/2010   M   62,000 A $ 4.165 132,000 D   Common Stock 12/08/2010   S   95,000 D $ 22.45 (1) 37,000 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (right to buy)(01/09/2004 grant)

$ 4.49

12/07/2010

M

60,000

01/10/2005

01/09/2014

Common Stock

60,000

$ 0

0

D

Employee Stock Option (right to buy)(01/14/2005 grant)

$ 4.42

12/07/2010

M

52,000

(2)

01/14/2015

Common Stock

52,000

$ 0

8,000

D

Employee Stock Option (right to buy)(01/14/2005 grant)

$ 4.42

12/08/2010

M

8,000

(2)

01/14/2015

Common Stock

8,000

$ 0

0

D

Employee Stock Option (right to buy)(01/28/2005 grant)

$ 4.165

12/08/2010

M

62,000

01/28/2005

01/28/2015

Common Stock

62,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Hanley Walter P C/O LKQ CORPORATION 120 NORTH LASALLE STREET, SUITE 3300 CHICAGO, IL 60602			Senior VP -- Development

Signatures

/s/ Victor M. Casini, Attorney-in-fact		12/09/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The price reflects the weighted average sale price of the transactions reported. The price range of such transactions was $22.4109 to $22.4673. The reporting person undertakes to provide upon the request by the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
(2)	The option is exercisable with respect to 50% of the number of shares subject to the option on June 14, 2005 and with respect to an additional 5.555% of the number of shares subject to the option on January 14, 2006 and each six-month anniversary thereafter until January 14, 2010.

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