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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(Print or Type Responses)

1. Name and Address of Reporting Person * ERLAIN FRANK 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) VP -- Finance and Controller (Last) (First) (Middle) C/O LKQ CORPORATION, 120 NORTH LASALLE STREET, SUITE 3300 3. Date of Earliest Transaction (Month/Day/Year) 12/10/2010 (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 12/10/2010   S   25,000 D $ 22.6618 (1) 68,500 D   Common Stock 12/13/2010   M   5,806 A $ 4.49 74,306 D   Common Stock 12/13/2010   S(2)   5,301 D $ 23.0026 69,005 D   Common Stock 12/13/2010   S(2)   505 D $ 23.003 68,500 D   Common Stock 12/14/2010   M   14,194 A $ 4.49 82,694 D   Common Stock 12/14/2010   S(2)   12,564 D $ 23.0123 70,130 D   Common Stock 12/14/2010   S(2)   1,630 D $ 23.0129 68,500 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

12/13/2010

M

5,806

(3)

01/09/2014

Common Stock

5,806

$ 0

68,194

D

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

$ 4.49

12/14/2010

M

14,194

(3)

01/09/2014

Common Stock

14,194

$ 4.49

54,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ERLAIN FRANK P C/O LKQ CORPORATION 120 NORTH LASALLE STREET, SUITE 3300 CHICAGO, IL 60602			VP -- Finance and Controller

Signatures

/s/ Victor M. Casini, Attorney-in-fact		12/14/2010
**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 $22.532 to $22.75. 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 sales indicated were effected pursuant to a 10b5-1 plan.
(3)	The option is exercisable with respect to 10% of the number of shares subject to the option on each six-month anniversary of the grant date.

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