SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

1. Name and Address of Reporting Person^*

Wagman Robert L

(Last)

(First)

(Middle)

C/O LKQ CORPORATION

500 WEST MADISON STREET, SUITE 2800

(Street)

CHICAGO

60661

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LKQ CORP [ lkqx ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2012

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/27/2012		S		13,200	D	$32.7466	170,114	D
Common Stock	04/27/2012		S		114	D	$32.43	170,000	D
Common Stock	04/27/2012		M		2,000	A	$2.1875	172,000	D
Common Stock	04/27/2012		M		8,000	A	$4.49	180,000	D
Common Stock	04/27/2012		S		8,582	D	$32.5805	171,418	D
Common Stock	04/27/2012		S		1,418	D	$32.41	170,000	D

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)(01/14/2003 grant date)	$2.1875	04/27/2012		M			2,000	⁽¹⁾	01/14/2013	Common Stock	2,000	$0	0⁽²⁾	D
Employee Stock Option (right to buy)(01/09/2004 grant date)	$4.49	04/27/2012		M			8,000	01/10/2005	01/09/2014	Common Stock	8,000	$0	0⁽²⁾	D

Explanation of Responses:

1. 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.

2. Since the date of the reporting person's last ownership report, he transferred to his ex-spouse pursuant to a domestic relations order employee stock options to purchase the number of shares, at an exercise price per share, and with a grant date as follows: 2,000, $2.1875, 01/14/2003; 8,000, $4.49, 01/09/2004; 20,000, $4.42, 01/14/2005; 10,000, $9.755, 01/13/2006; 9,000, $10.0575, 01/12/2007; 24,000, $18.87, 11/01/2007; 7,000, $19.135, 01/11/2008; 6,000, $11.955, 01/09/2009; and 6,000, $19.965, 01/08/2010. The reporting person will no longer report as beneficially owned any securities owned by his ex-spouse.

	/s/ Victor M. Casini, Attorney-in-fact	04/30/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.