Is Excise the Imperfect legal in Standard, Modern, and Commander?

Excise the Imperfect is legal in: Legacy, Vintage, Commander.

Excise the Imperfect

Q: What type of card is Excise the Imperfect?

Excise the Imperfect is an Instant. Its oracle text reads: "Exile target nonland permanent. Its controller incubates X, where X is its mana value. (They create an Incubator token with X +1/+1 counters on it and "{2}: Transform this token." It transforms into a 0/0 Phyrexian artifact creature.)"

Instant

Exile target nonland permanent. Its controller incubates X, where X is its mana value. (They create an Incubator token with X +1/+1 counters on it and ": Transform this token." It transforms into a 0/0 Phyrexian artifact creature.)